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Abu Dhabi utility companies TAQA and EWEC set pricing for Dh2 6b green bond

Emirates News Agency - TAQA Group, EWEC price first green bond linked to solar PV plant

ABU DHABI, 17th JANUARY, 2022 (WAM) Abu Dhabi National Energy Company PJSC (TAQA) along with Emirates Water and Electricity Company (EWEC) announced on Monday the successful pricing of green senior secured bonds for an aggregate principal amount of US$700.8 million (AED 2.6 billion) by Sweihan PV Power Company PJSC (SPPC). TAQA is one of the largest listed integrated utility companies in the EMEA (Europe, the Middle East and Africa) region and EWEC is a leader in the integrated coordination of planning, purchasing and supply.

Taqa, Ewec price first Abu Dhabi solar green bond at $700m

Abu Dhabi National Energy Company (Taqa) and Emirates Water and Electricity Company (Ewec) have announced the successful pricing of green senior secured bonds for an aggregate principal amount of $700.8 million by Sweihan PV Power Company (SPPC).

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