News
02 January 2026

Financial close for TAQA’s Al Dhafra power plant

In:
Power
Region:
Middle East & Africa

Abu Dhabi National Energy Company (TAQA) has achieved financial close on the AED3.6 billion ($980 million) 1GW Al Dhafra gas turbine power plant in Abu Dhabi. The transaction was funded 85% through debt from a banking syndicate comprising Standard Chartered Bank, Abu Dhabi Commercial Bank,...

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