TAQA Q2 2007 Financial Results to be Discussed 15 August
Abu Dhabi National Energy Company (TAQA PJSC) executives have said the company will discus its financial results for Q2 2007 on 15 August.
TAQA executives will host an analyst call on Wednesday, 15 August 2007 at 1800 hours Abu Dhabi, UAE time (GMT +4 hours) to comment on earnings and market developments.
Peter Barker Homek, Chief Executive Officer of Abu Dhabi National Energy Company PJSC (TAQA) will host the one-hour call and answer analyst questions.
Analysts from AG Edwards, Argus Research, Banc of America Securities, BMO Capital Markets, Citigroup Investment Research, Deutsche Bank Securities, JP Morgan Securities, Lehman Brothers, Merrill Lynch & Company, and Wachovia Securities are expected to participate.
For the benefit of investors and media representatives, a transcript of the call will be made available later on the company’s website, www.taqa.ae.
TAQA carries an Aa2 and AA- credit rating and was recently presented Best Borrower of the Year 2007 by Euromoney Awards.
PHOTO CAPTION: Peter Barker Homek, Chief Executive Officer of Abu Dhabi National Energy Company PJSC (TAQA).
About Abu Dhabi National Energy Company PJSC (TAQA)
Abu Dhabi National Energy Company (TAQA) www.taqa.ae is a global energy company with investment capabilities in power generation, CHP, desalination, renewables, upstream oil/gas, pipelines, services, structured finance and the creation, syndication and management of assets. TAQA was founded in Abu Dhabi in 2005 and listed on the Abu Dhabi Stock Exchange. At year end 2006 TAQA had in excess of AED 51bn in assets and generated AED 4.8bn revenue. The company currently has in excess of 10,000 MW (gross) of installed generation, upstream oil/gas production, gas processing, pipelines and natural gas storage. TAQA operates from its offices in Abu Dhabi, The Hague, Ann Arbor, Aberdeen and Amsterdam with alliance partners across the Gulf, Middle East, North Africa, Sub-Saharan Africa, Europe, Asia, and the United States.