Abu Dhabi, UAE — Abu Dhabi National Energy Company (TAQA) today announced the launch of a new corporate identity for its Group of Companies.
TAQA also announced that ADDC and Al Ain Distribution Company will merge under a new unified company that will serve customers across the Emirate of Abu Dhabi under the new corporate identity TAQA Distribution.
The company said that this step expands TAQA’s customer-oriented business and enables TAQA to further develop its customers’ services, develop new products and services, and pursue growth opportunities in the UAE and globally.
TAQA Distribution will play a key role in achieving TAQA’s ambition to become a leading low-carbon utility company, enhancing efficiency in its operations, operating and developing distribution networks to international standards, and working seamlessly with sister companies TAQA Transmission Networks, TAQA Water Solutions and TAQA Services.
TAQA has launched a new corporate identity for its other wholly-owned operating companies, where the Abu Dhabi Transmission and Despatch Company (TRANSCO) will be renamed TAQA Transmission Networks, which will lead the operation and development of electricity and water transmission infrastructure locally and internationally.
Sustainable Water Solutions Holding will be renamed TAQA Water Solutions, which leads the operations of wastewater treatment facilities and recycled water production in Abu Dhabi.
Abu Dhabi Energy Services Company (ADES) will be renamed TAQA Services, which will introduce solutions that will contribute to demand efficiency and tailored solutions to manage electricity and water consumption.
TAQA’s new corporate identity is expected to increase awareness and expand the scope and reach of TAQA’s utilities business, supporting the next phase of the company’s growth ambitions and reinforcing its position as the leading utilities company in the UAE.
Jasim Hussain Thabet, Group Chief Executive Officer and Managing Director of TAQA, said: “Over the past four years, TAQA’s operating performance improvements and business growth have been driven by improvements.
He added that the change in the corporate identity of the operating companies contributes to raising awareness and awareness of the size and importance of TAQA’s role in Abu Dhabi, in addition to defining its scope of business as one of the largest integrated utility companies in the EMEA region, as well as being the leading utility company in the UAE.
Shedding light on the company’s business and raising awareness will support its ongoing efforts to grow in the UAE and internationally, as this will enable its future partners to learn more about the limits of what can be done.
He stressed that the company’s operations provide support for part of the daily lives of millions of people around the world through the electricity and water services it provides.
He also affirmed the company’s determination to continue to be at the heart of the UAE’s efforts towards achieving climate neutrality and playing a role in the energy transition.
Omar Al Hashemi, TAQA Distribution’s next CEO, said: “ADDC and AADC have worked to provide electricity and water to our communities for decades, ensuring that these essential services are provided to every home in the Emirate of Abu Dhabi.
He added that combining the strengths and competencies of the two companies into one company would improve the quality of service provided to customers, as well as create a more active and creative company.
He pointed out that customers will notice TAQA Distribution’s new corporate identity on their electricity and water bills and in branches from January 2025.
“By 2025, TAQA’s new corporate identity will allow TAQA’s market leaders to build on their track record of operational excellence, while continuing to focus on building their advanced digital and technology capabilities and strengthening their strategic partnerships to support TAQA’s long-term growth and achieve the Group’s objectives of sustainability, environmental, social and governance (ESG) standards.
This development is an important step in TAQA’s transformation and growth and reinforces TAQA’s growth strategy through integrated electricity and water services in the UAE and internationally, covering all stages of the utility value chain, including electricity generation and water desalination, electricity and water transmission and distribution, water solutions, and services that enhance electricity and water efficiency.