TAQA and EWEC Announce Financial Closing for the 1 GW Al Dhafra Power Plant Advancing the UAE's Artificial Intelligence Strategy
Abu Dhabi, UAE - 30 December 2025: Abu Dhabi National Energy Company PJSC (“TAQA"), one of the largest listed integrated utility companies in Europe, the Middle East and Africa, together with Emirates Water and Electricity Company (EWEC), a leading company in the integrated planning, purchasing, supply and system despatch services of water and electricity across the UAE, today announced the financial closing of the ~ AED 3.6 billion 1 GW Al Dhafra Power Plant which will provide power to data centre projects and advance the UAE National Strategy for Artificial Intelligence 2031. The project is primarily funded ~85% through debt financ
Abu Dhabi, UAE - 30 December 2025: Abu Dhabi National Energy Company PJSC (“TAQA"), one of the largest listed integrated utility companies in Europe, the Middle East and Africa, together with Emirates Water and Electricity Company (EWEC), a leading company in the integrated planning, purchasing, supply and system despatch services of water and electricity across the UAE, today announced the financial closing of the ~ AED 3.6 billion 1 GW Al Dhafra Power Plant which will provide power to data centre projects and advance the UAE National Strategy for Artificial Intelligence 2031.
The project is primarily funded ~85% through debt financ
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