ADWEA Sells Taqa Water and Power Development

ADWEA And Taqa In Water, Power Deal

Zawya

Abu Dhabi Water and Electricity Authority has agreed to sell a 54 per cent stake in Fujairah's biggest power and water development to its publicly traded investment unit, Abu Dhabi National Energy Company (Taqa), for Dh1.11 billion - roughly 10 per cent of the project's Dh10.28bn construction cost. ...