UAE State Entities Participate in Gradual Selloff
Posted on 11/26/2015
The prolonged low crude oil prices have forced some UAE state-owned entities to rethink shedding non-core assets. Abu Dhabi National Energy Company, also known as TAQA, is selling its ownership interest in Minnesota-based Lakefield wind power plant to Qatar-based Nebras Power. TAQA bought the stake in 2013 from France’s EDF. Nebras Power is 60% owned […]
- Energy
- GLOBALFOUNDRIES
- IBM
- Mubadala
- Nebras Power
- Qatar
- Qatar Investment Authority
- semiconductors
- TAQA
- United Arab Emirates