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Taqa acquires Spanish water firm for $1.2b

Gulf News

|

August 26, 2025

BUYOUT ADDS 50 PROJECTS TO UAE FIRM'S INTERNATIONAL PORTFOLIO

- BY MANOJ NAIR

Abu Dhabi's power and water company Taqa has entered into a deal worth more than $1 billion, acquiring full ownership of Spain's GS Inima — a specialist in water treatment and water desalination — from GS Engineering and Construction.

The transaction is valued at approximately $1.2 billion.

Taqa said the purchase of GS Inima will "significantly accelerate" its international water growth strategy.

Gulf News'den DAHA FAZLA HİKAYE

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