TAQA’s Renewables Move Blurs Abu Dhabi Investment Vehicles’ Boundaries
IPIC/Mubadala Oil and Gas Pipelines
Abu Dhabi National Energy Company (TAQA)’s announcement on 1 April of its developing a waste-to-energy facility in Abu Dhabi is the latest blurring of the boundaries between three state-owned firms, TAQA, Mubadala Development and International Petroleum Investment Company (IPIC). Together they have assets of more than $143bn.
The three...