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Iberdrola and TAQA announce partnership

Iberdrola, S.A., the world's 4th largest electricity company, energy sector leader in Spain and world leader in renewable energy, announced that it has signed a Memorandum of Understanding (MoU) with Abu Dhabi National Energy Company PJSC (TAQA).

The MoU, that was signed in Abu Dhabi by Ignacio Galán, Chairman and CEO of Iberdrola, and Hamad Al Hurr Al Suwaidi, Chairman of TAQA and Under Secretary of the Department of Finance of the Government of Abu Dhabi, is a commitment to explore co-investment and development opportunities in power generation, renewables and upstream assets in the Middle East, North Africa, Europe and North America.



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