Taqa and Dubal Holding acquire EGA's Al Taweelah power and water plant for $1.9 billion

Abu Dhabi National Energy Company (Taqa) and Dubal Holding will acquire Emirates Global Aluminium's power and water generation assets at Al Taweelah for $1.9 billion. The assets include a 3.1 GW power plant and desalination capacity, to be held in a joint venture.

“This initiative is one of the largest decarbonisation projects ever in the global aluminium industry.”thenationalnews.com

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• thenationalnews.comTaqa and Dubal Holding to buy EGA’s power and water plant in $1.9bn deal | The NationalFareed RahmanNov 27, 2025

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