Abu Dhabi – Mubasher: Abu Dhabi National Energy (TAQA) is planning to reduce its debts over the coming year, according to Al Bayan newspaper.
The Abu Dhabi-based company is flexible in terms of refinancing over the forthcoming months, the company stressed.
The firm noted that it has succeeded in diminishing its total debts to AED 2.6 billion in the first nine months of 2017.
In November, sources revealed to Reuters that TAQA is in talks with banks to get loan facilities of up to $1.3 billion.
