TAQA Enters Into Operations And Maintenance Of Taweelah B IWPP

ABU DHABI NATIONAL ENERGY COMPANY 35ZV:

• TAQA ENTERS INTO THE OPERATIONS & MAINTENANCE OF ONE OF THE LARGEST POWER AND WATER PLANTS IN THE UAE

• TAQA ACQUIRED A 25% STAKE THE TAWEELAH B O&M COMPANY

• TAQA ALSO ACQUIRES ADDITIONAL STAKE IN TAWEELAH B PROJECT, INCREASING OWNERSHIP TO 70%

• AS PART OF A TRANSACTION VALUED AT $65 MILLION, TAQA COMPLETED ITS ACQUISITION STAKE IN TAWEELAH B IWPP