TAQA takes leadership role in African power sector

Abu Dhabi National Energy Company (ADSM:TAQA) will continue to invest in the African continent as long as there are viable opportunities, the company’s chief executive said today ahead of a speaking engagement scheduled in Marrakech tomorrow.

Peter Barker-Homek, TAQA’s CEO will address high-level delegates attending the first ever Africa Power Forum, taking place 5 and 6 July in Marrakech, Morocco.

According to organizers, more than 450 participants are expected to attend the event, which will bring together government representatives, investors, operators, manufacturers, financial institutions, and consultants, to discuss the electrification of the French speaking Africa.

During the two days of the conference, participants will discuss liberalization in the region, privatization, regulation, the increasing need for electricity, regional interconnection, partnership between the public and private sectors, natural gas, and renewable energy.

“With significant assets in Morocco and Ghana, TAQA is already a major player in the African power sector,” said Peter Barker-Homek, Chief Executive Officer of Abu Dhabi National Energy Company PJSC. “We will continue to invest in the African continent where we think we can add value, introduce best-in-class management capabilities, and deliver profits to our shareholders,” added Barker-Homek.