Dubai, UAE -- Abu Dhabi National Energy Company (TAQA) ENGIE, a global leader in low-carbon energy solutions, and Emirates Water and Electricity Company (EWEC), announced the successful financial closing of the AED2.3 billion ($620 million) low-carbon Mirfa 2 Reverse Osmosis (M2 RO) desalination project. The project is primarily (78 percent)...

Development and operation of the Mirfa 2 Reverse Osmosis Independent Water Project, and the running of six power and water plants in the country are also a part of ENGIE's investments.

Mubadala Investment Company and ENGIE signed an agreement to explore the development of a digital platform for charging electric vehicles in Abu Dhabi and the Middle East region. The two companies will work on a joint solution for the installation and operation of charging infrastructure as well as sustainable mobility...

It pointed to energy prices and good asset performance for the rise.

The agreement is expected to yield low-carbon energy services.

The project is aimed at reducing energy demand and costs at the airport and ensuring reliable supply through clean and renewable energy sources.