Abu Dhabi National Energy Company (TAQA) Investor presentation summary

Strategic positioning and business model

• Operates as a leading integrated utility with a global footprint, focusing on power generation, transmission, distribution, water solutions, and oil & gas across 26 countries.

• Maintains exclusive rights to transmission in Abu Dhabi and a minimum 40% stake in all EWEC conventional generation projects.

• 73.3 GW gross power generation capacity and 1,149 MIGD water desalination capacity as of FY 2025.

• 93% of revenue and 87% of EBITDA are from contracted and regulated assets, ensuring stable cash flows.

• Strong credit ratings (Aa3 Moody’s, AA Fitch) and robust liquidity support continued growth.

Operational highlights and growth initiatives

• Achieved 73GW generation capacity in 2025, with 64% from renewables, and expanded internationally through acquisitions and new projects.

• Acquired GS Inima for $1.2bn to accelerate global water platform, adding significant desalination and treatment capacity.

• Entered UK transmission market and expanded in KSA, Morocco, and Uzbekistan with major power and water projects.

• Completed major domestic projects, including Fujairah F3 and Al Dhafra Thermal Power Plant.

• Divested non-core assets in the US and India, and achieved key decommissioning milestones in the North Sea.

ESG and sustainability strategy

• Committed to net-zero Scope 1 & 2 emissions by 2050, with interim targets of 25% reduction group-wide and 33% in UAE by 2030 (baseline 2019).

• Scope 3 emissions reduced by 13% by 2025 compared to 2019, with further reductions in fuel, energy, and sold products.

• ESG integrated into investment decisions, management incentives, and reporting; improved MSCI ESG rating and recognized by major agencies.

• Focus on water efficiency, safety, diversity (30% women in management by 2030), and community engagement.