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Abu Dhabi National Energy Co PJSC

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United Arab Emirates
$26561 mil
$4788 mil
$64 mil
Company data as of 9/24/2020 provided by S&P Global Market Intelligence

As of July 1, 2020, Abu Dhabi National Energy Company PJSC was acquired by Certain Assets of Abu Dhabi Power Corporation, in a reverse merger transaction. Abu Dhabi National Energy Company PJSC, together with its subsidiaries, operates as an energy and water company. The company operates through five segments: Power and Water Generation - U.A.E; Power Generation - Others; Oil and Gas - North America; Oil and Gas - Europe; and Oil and Gas - Atrush. It generates electricity from coal, natural gas, wind, and lignite in the United Arab Emirates, Ghana, India, Morocco, Oman, Saudi Arabia, and the United States; and produces and supplies desalinated water in the United Arab Emirates. The company also engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids, as well as in the natural gas storage, oil and gas processing, and transport activities. It has a total gross power generation capacity of 17,410 MW; water desalination capacity of 917 million imperial gallons per and oil and gas production capacity of approximately 124,418 barrels of oil equivalent. The company was founded in 2005 and is headquartered in Abu Dhabi, the United Arab Emirates. Power Corporation.
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