ADPower will own 98.6 per cent of Taqa shares following the deal, but a follow-on share offer could be made to broaden the company's investor base. Courtesy Taqa
ADPower will own 98.6 per cent of Taqa shares following the deal, but a follow-on share offer could be made to broaden the company's investor base. Courtesy Taqa

Business

Moody's places Taqa's ratings under review for upgrade following ADPower asset transfer deal

The transfer of water and electricity assets to have a positive impact on Taqa's financial profile

Fareed Rahman
Fareed Rahman

February 13, 2020