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TAQA

Abu Dhabi TAQA

Abu Dhabi power project eyes bond by end September

Bond target size $800 mln, part of $2.2 bln refi; Bond could launch by end-Sept, dependent on rating; Six banks picked as bookrunners for bond; Loan portion of package oversubscribed - source

September 5, 2012 10:30
 
Abu Dhabi TAQA

UAE’s TAQA second quarterly profit up 3 percent, revenues fall

Abu Dhabi National Energy Co (TAQA) said on Tuesday that second-quarter net profit edged up 3 percent to 447 million dirhams ($122 million) in the second quarter from 435 million a year earlier.

August 14, 2012 9:56
 
Abu Dhabi TAQA

UAE’s TAQA gets $355 million financing for Ghana project

TAQA, which is owned 75 percent by the government of Abu Dhabi, will expand the Takoradi 2 (T2) power plant's capacity from 220 megawatts to 330 megawatts, the firm said in a statement.

July 16, 2012 11:35
 
Abu Dhabi TAQA

Abu Dhabi’s TAQA signs $1.4 billion deal for Morocco power plant

BNP Paribas, StanC and SocGen lead arranging int'l facilities; Project to finance expansion of Jorf Lasfar coal-fired plant; Asian export credit agencies participate in deal

June 21, 2012 10:35
 
Abu Dhabi TAQA

Abu Dhabi’s TAQA targets North Africa utility needs

Sees North Africa and Middle East ripe for new power, water projects; CEO says Arab Spring highlights need for reliable utilities; Could do deal in Turkey this year says CEO; Looking for acquisitions in the North Sea

May 26, 2012 9:11
 
Abu Dhabi's TAQA Gets Nod for Dutch Gas Facility

Abu Dhabi's TAQA Gets Nod for Dutch Gas Facility

Abu Dhabi National Energy Co (TAQA), the state-run oil and gas utility firm, has received approval from the Dutch government for the construction of a gas storage facility in Dutch's Bergermeer field, it said on Wednesday.

May 2, 2012 3:28
 
UAE’s TAQA sees 2012 capex at $2.0-2.2B

UAE’s TAQA sees 2012 capex at $2.0-2.2B

Abu Dhabi National Energy Co (TAQA) expects to increase capital spending to between $2.0 billion to $2.2 billion this year as it pushes ahead with expansion plans.

March 14, 2012 1:53
 
Abu Dhabi’s TAQA prices $215 mln ringgit Islamic bond

Abu Dhabi’s TAQA prices $215 mln ringgit Islamic bond

Abu Dhabi National Energy Co (TAQA) raised $215 million from the sale of a Malaysian ringgit-denominated Islamic bond, or sukuk, it said on Sunday, as part of plans by the state-run oil and gas utility to diversify its funding sources.

February 26, 2012 11:22
 

UAE’S TAQA to sell some Canadian oil and gas assets

TAQA North to sell oil and gas assets in southeast Saskatchewan; Sale expected to close in March 2012

December 18, 2011 11:26
 

Abu Dhabi’s TAQA sells $1.5B in bonds

TAQA sells $750 mln 5-year bonds, $750 mln 10-year; New TAQA issues used to refinance existing debt; Order books over $8 billion -market source; Existing bonds sell off after guidance released

December 6, 2011 10:36
 
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