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TAQA to Expand Global Water Platform through USD 1.2 billion Acquisition of GS Inima
Abu Dhabi National Energy Company PJSC ("TAQA" or the "Group"), one of the largest listed integrated utilities in Europe, the Middle East and Africa, today announced that it has signed an agreement to acquire a 100% interest in GS Inima, a global leader in water treatment and water desalination, from GS Engineering & Construction. The transaction, valued at approximately USD 1.2 billion, will bring GS Inima fully into TAQA's ownership and significantly accelerate the Group's international water
About this update from Gs Engineering & Construction Corporation
[{"type":"text","content":"Enhances TAQA's position as a global low-carbon power & water leader with an integrated water platform acquisition ","length":122,"tagName":"p","attribs":{}},{"type":"text","content":"Expands water footprint to 10 countries, set to add 171 MIGD of desalination capacity, fast-tracking TAQA's 2030 water targets","length":130,"tagName":"p","attribs":{}},{"type":"text","content":"GS Inima's 2024 EBITDA of EUR 106 million on EUR 389 million in revenue reflects the quality and scale of its earnings","length":122,"tagName":"p","attribs":{}},{"type":"text","content":"ABU DHABI, UAE, Aug. 25, 2025 /PRNewswire/ -- Abu Dhabi National Energy Company PJSC ("TAQA" or the "Group"), one of the largest listed integrated utilities in Europe, the Middle East and Africa, today announced that it has signed an agreement to acquire a 100% interest in GS Inima, a global leader in water treatment and water desalination, from GS Engineering & Construction. The transaction, valued at approximately USD 1.2 billion, will bring GS Inima fully into TAQA's ownership and significantly accelerate the Group's international water growth strategy.","length":594,"tagName":"p"},{"type":"image","alt":"Abu Dhabi National Energy Company PJSC (TAQA) (PRNewsfoto/Abu Dhabi National Energy Company PJSC (TAQA))","displaySize":"","headline":null,"caption":"Abu Dhabi National Energy Company PJSC (TAQA) (PRNewsfoto/Abu Dhabi National Energy Company PJSC (TAQA))","className":"","disableSlideshowImg":false,"size":{"original":{"width":219,"height":88,"url":"https://media.zenfs.com/en/prnewswire.com/c0d6db4984a3810249ab7f884ec95f32"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ilbr_B6NJodo9q9fh03oTA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE2OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/c0d6db4984a3810249ab7f884ec95f32","width":219,"height":88}},"href":"https://mma.prnewswire.com/media/2756676/TAQA_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The acquisition marks a pivotal step in TAQA's strategy to establish a world-class, integrated global water platform. Headquartered in Madrid, GS Inima operates approximately 50 active projects, including approximately 30 long-term public-private partnerships (PPPs), across a portfolio spanning water desalination and water treatment (including industr...