Companies
TAQA
United Arab Emirates · Utilities & energy · State-owned · Founded 2005 · Abu Dhabi
Abu Dhabi's integrated utilities and energy group, spanning power generation, water desalination, transmission and distribution, and one of the three shareholders in Masdar. Wholly owned since August 2026 by Abu Dhabi Power Corporation, an L'IMAD company, after a squeeze-out of minority shareholders; its shares left the Abu Dhabi Securities Exchange on 1 September 2026.
Verified · updated 24 Oct 2026
Key facts
AED 54.80 bn
Revenue
TAQA — Consolidated financial statements for the year ended 31 December 2025 (ADX disclosure)·FY2025·source dated 11 Feb 2026·updated 24 Oct 2026·About this indicator
AED 7.47 bn
Net income
TAQA — Consolidated financial statements for the year ended 31 December 2025 (ADX disclosure)·FY2025·source dated 11 Feb 2026·updated 24 Oct 2026·About this indicator
Ownership and relationships
- shareholder inMasdarMasdar · read on 19 Oct 2026 ↗
- Chairman:Jassem Mohamed Bu Ataba Al ZaabiZawya · Tier 2 · reputable press · source dated 13 Mar 2026 ↗
- Group CEO & Managing Director:Jasim Husain ThabetZawya · Tier 2 · reputable press · source dated 13 Mar 2026 ↗
- ultimate owner via ADQ and Abu Dhabi Power Corporation:L'IMAD Holding Company· 100%
TAQA — ADX disclosure of 26 August 2026: Board resolutions on delisting (squeeze-out completed) ↗·as of 13 Aug 2026·source dated 26 Aug 2026·updated 20 Oct 2026
Key people
- Jasim Husain Thabet · Group Chief Executive Officer & Managing Director, TAQA
History
| Key indicators | Period | Value | Source |
|---|---|---|---|
| Revenue | FY2025 | AED 54.80 bn | TAQA — Consolidated financial statements for the year ended 31 December 2025 (ADX disclosure)·FY2025·source dated 11 Feb 2026·updated 24 Oct 2026 |
| Revenue | FY2024 | AED 54.78 bn | TAQA — Consolidated financial statements for the year ended 31 December 2025 (ADX disclosure)·FY2024·source dated 11 Feb 2026·updated 24 Oct 2026 |
| Net income | FY2025 | AED 7.47 bn | TAQA — Consolidated financial statements for the year ended 31 December 2025 (ADX disclosure)·FY2025·source dated 11 Feb 2026·updated 24 Oct 2026 |
| Net income | FY2024 | AED 7.07 bn | TAQA — Consolidated financial statements for the year ended 31 December 2025 (ADX disclosure)·FY2024·source dated 11 Feb 2026·updated 24 Oct 2026 |