UAE State Entities Participate in Gradual Selloff

Posted on 11/26/2015


The prolonged low crude oil prices have forced some UAE state-owned entities to rethink shedding non-core assets. Abu Dhabi National Energy Company, also known as TAQA, is selling its ownership interest in Minnesota-based Lakefield wind power plant to Qatar-based Nebras Power. TAQA bought the stake in 2013 from France’s EDF. Nebras Power is 60% owned […]

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