Taqa’s investments hit $30bn in 2018

Abu Dhabi – Mubasher: Abu Dhabi National Energy (Taqa) revealed that its total investments reached $30 billion during the full-year 2018.

Over the course of the previous year, the UAE-based firm reduced its expenditures by $750 million due to the slippage in oil prices, the state-run news agency WAM reported.

The Abu Dhabi-listed company is currently considering the development of a wind farm project in Morocco with a capacity of 100-200 megawatts.

By 11:41 am UAE time, Taqa’s stock declined 1.10% at AED 0.99. 

 

Mubasher Contribution Time: 15-Jan-2019 08:43 (GMT)
Mubasher Last Update Time: 15-Jan-2019 09:06 (GMT)