THE MIDDLE EAST’S
77. TAQA Morocco
Country: Morocco
Sector: Energy
CEO & Chairman: Abdelmajid Houssaini
Market Value: $5.42 billion
Established in 1997, TAQA Morocco operates across power generation and water infrastructure, supplying around 34% of Morocco’s electricity demand. In February 2026, TAQA Morocco and Moeve signed a preliminary land reservation agreement with the Moroccan government to develop a large-scale green ammonia project. In May 2025, it partnered with the Moroccan government, Nareva, ONEE, and the Mohammed VI Investment Fund to develop national water and energy infrastructures with a potential investment of nearly $14.3 billion by 2030.