Abu Dhabi National Energy Company (Taqa) showcased a robust financial performance in the first half of 2026, reporting a 9.7% increase in net income to Dh4.1 billion. This growth was primarily fueled by strong returns from the company's power generation and transmission sectors, even as overall revenues saw a slight dip to Dh27.5 billion due to planned decommissioning in the UK North Sea and lower distribution-related pass-through income. Reflecting this operational success, the board has approved an interim dividend of 0.8 fils per share for the second quarter, amounting to a payout of approximately Dh899 million.

To support its long-term growth strategy, Taqa ramped up its capital expenditure by 38% to Dh7.2 billion, focusing heavily on expanding water and power infrastructure. Group CEO Jasim Husain Thabet emphasized that the company’s integrated business model remains a cornerstone of its stability, enabling consistent investment both domestically and abroad. As the company continues to advance strategic partnerships—such as the recent 27-year utilities agreement for the Ta'ziz Industrial Chemicals Zone—it remains committed to driving global energy transitions and supporting sustainable industrial development throughout the remainder of the year.