Taqa well positioned for future
Abu Dhabi - Arabstoday
Abu Dhabi National Energy Company (Taqa), a publicly listed company on the Abu Dhabi Securities Exchange, reported its operational and financial results for the third quarter and the nine months to Sept.30, 2012. In terms of liquidity, Taqa is well positioned for the future, with approximately Dhs18 billion in cash and unused credit facilities at the end of the third quarter. Taqa’s nine month results demonstrated the resilience of its global portfolio with a strong performance from Power & Water helping to ease the effect of weaker commodity prices — particularly in North American market. From Gulftoday
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Dubai - Arab Today
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