TAQA Group
Top 100 Companies in the Middle East 2021

SR.No: 10

TAQA Group

Sector: Energy

Date of Establishment: 2005
Country: U.A.E
Group CEO and Managing Director: Jasim Husain Thabet

Sales: $11.2 billion

Profits: $822.5 million

Assets: $49.8 billion

Market Value: $41.6 billion

Abu Dhabi Power Corporation (ADPower) and TAQA merged in July 2020, making TAQA one of the top 10 integrated utility companies in Europe, the Middle East, and Africa in terms of regulated assets. The company has operations in the U.A.E. as well as Canada, Ghana, India, Iraq, Morocco, Netherlands, Oman, Saudi Arabia, the U.K. and the U.S. In December 2020, TAQA and its partner companies completed the financial closing of the AI Dhafra Solar Photovoltaic Independent Power Producer project, which will be the world’s largest single-site solar power plant. CEO  and Managing Director Jasim Husain Thabet also serves on the board of Etihad aviation and Abu Dhabi Ports.