Tuesday 19 March 2024
 
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Abu Dhabi National Energy Company

Taqa raises $1.75bn from two-tranche bond issue

Abu Dhabi National Energy Company, also known as Taqa, raised $1.75 billion in a two-tranche dollar denominated bond issue that was 4.7 times oversubscribed. The two tranches consisted of bonds with maturities of seven years with

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Taqa raises $1.75bn from two-tranche bond issue

Abu Dhabi National Energy Company, also known as Taqa, raised $1.75 billion in a two-tranche dollar denominated bond issue that was 4.7 times oversubscribed. The two tranches consisted of bonds with maturities of seven years with

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Taqa swings to Q3 net loss of $113m

Abu Dhabi National Energy Company (Taqa), the state-owned oil explorer and power supplier, swung to a net loss in the third-quarter, it said on Wednesday, as revenues were hit by weak oil prices. Taqa, 75 per cent owned by the gov

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Taqa targets $20m saving with HQ restructure

Abu Dhabi National Energy Company (Taqa), an international energy and water company, aims to reduce general and administrative costs by more than $20 million in 2014 with a reorganisation at its headquarters. “The corporate

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Taqa ranked top UAE energy firm by Forbes

The Abu Dhabi National Energy Company (Taqa), the global diversified energy company, was ranked the top UAE energy firm by Forbes magazine. It was also ranked second out of energy companies ranked as part of Forbes Middle East mag

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Taqa begins restart of UK brent oil flow

Abu Dhabi National Energy Company (Taqa) said it has begun the process of restoring the flow of an estimated 80,000 barrels per day (bpd) of crude oil in Britain's Brent pipeline system, which forms part of the global Brent oil benchmark.

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Abu Dhabi Taqa inks $2.5bn syndicated loan

Abu Dhabi National Energy Company (Taqa) has signed a $2.5 billion syndicated loan after launching the deal at $2 billion in October, the 10 arranging banks said in a statement. The deal is a boost for international banks hungerin

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Taqa launches two-tranche $2bn bond

Abu Dhabi National Energy Company (Taqa) launched a $2 billion two-part bond on Wednesday, arranging banks said, with final pricing tighter than earlier indicated due to strong demand for the deal. The company, 75-per cent owned b

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Taqa eyes dual-tranche bond

Abu Dhabi National Energy Company (Taqa) is preparing to price a two-tranche dollar-denominated bond issue, maturing 2018 and 2023, after roadshows conclude on Tuesday, arranging banks said. Taqa, which is 75-per cent owned by the

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Taqa buys key stake in Kurdistan oil block

Abu Dhabi National Energy Company (Taqa) has signed an agreement to acquire a 53.2 per cent interest in the Atrush block in the Kurdistan region of Iraq from General Exploration Partners, an affiliate of Aspect Holdings. Taqa, which is

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