TAQA Business Overview H1 2023
Key strengths of TAQA
Aa3 by Moody's (stable)
AA- by Fitch (stable)
TAQ
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One of the Largest Listed Integrated Utility Companies in EMEA
(Assets of USD 52.5 billion as of June 2023)
Vertically Integrated Across the Utilities Value Chain
(Exclusive rights to T&D in Abu Dhabi and a minimum of 40% in all EWEC generation projects until 2030)
Leader in the
utilities sector
Highly Predictable and Secure Cash Flow Profile
(78% of Adj. EBITDA from regulated and contracted assets)
Long-standing and Transparent Regulatory Framework
(Governing T&D business in Abu Dhabi)
899
Secure cash flows
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Strong Abu Dhabi Ties and Fully Aligned with the 2030 Economic Vision
(Majority owned by Abu Dhabi government)
Aligned with the UAE Net Zero by 2050 strategic initiative
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National
champion
(TAQA aims to help fulfil the UAE strategy of increasing the share of clean generation to 50 per cent. by 2050)
*MAR: Maximum Allowed Revenue
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