Taqa's net income for 9 months hits Dhs6.1b

Abu Dhabi National Energy Company (TAQA) today announced its financial results for the nine-month period ending 30th September, 2025, reporting Group revenues of Dhs42.7 billion, a 2.9 per cent increase compared to the same period last year, primarily driven by higher pass-through revenue in the Transmission and Distribution segment.

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The company posted Dhs16.0 billion in EBITDA, with net income reaching Dhs6.1 billion for the nine-month period.

Capital expenditure rose by 47 per cent to Dhs8.9 billion, driven by T&D network enhancements and special projects, progress on the I GW Al Dhafra Thermal development, and Water Solutions rehabilitation works; partly offset by lower O&G capex amid UK decommissioning and reduced North America activity.

Taqa maintained a strong financial position with a net debt-to-capital ratio of 34 per cent. Total available liquidity reached Dhs26.5 billion, comprising Dhs7.4 billion in net cash and Dhs19.1 billion in undrawn credit facilities.

The Board of Directors approved a thirdquarter interim cash dividend of 0.75 fils per share, in line with the company's dividend policy.