Taqa shares to delist in Abu Dhabi from September

Abu Dhabi National Energy Company, "Taqa," has decided to delist its shares from the Abu Dhabi Securities Exchange starting from September 1, 2026, following the complete acquisition by Abu Dhabi Energy Corporation, which has become the sole shareholder of the company with 100% ownership. This decision comes after approval from the General Assembly and the de-listing of shares, meaning that Taqa’s shares will exit the market and cease trading, with ownership fully transferred to Abu Dhabi Energy Corporation. This move provides the company with greater flexibility in managing its strategy and capital structure. This event is significant in the UAE energy market, as Taqa is considered one of the largest companies in the sector in the country.

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