The TAQA Group operates as a diversified utilities and energy company with assets spanning power and water generation, transmission and distribution, sustainable water solutions, upstream and midstream oil and gas operations in 25 countries. In April 2025, Masdar—which is 43% owned by TAQA—acquired the remaining 30% of Greece-based TERNA ENERGY SA for about $1 billion following its 70% purchase in November 2024, bringing the total enterprise value of the company to $3.4 billion. In 2025, it also acquired U.K.-based Transmission Investment, a leader in offshore electricity transmission with assets worth $4.1 billion, and committed $9.8 billion to energy infrastructure with Masdar and the Emirates Water and Electricity Company.