Highlights
- Abu Dhabi Executive Council issued decree to transfer ENEC to ADQ’s ownership
ADQ, one of the region's largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi's diversified economy, today announced the Emirates Nuclear Energy Corporation (ENEC) has been added to its utilities portfolio.
Under a decree issued by Abu Dhabi Executive Council, the full ownership of ENEC's shares were transferred to ADQ from the Government of Abu Dhabi with immediate effect.
ENEC joins ADQ's strategic utilities portfolio that also includes Abu Dhabi National Energy Company PJSC (TAQA), Abu Dhabi Sewerage Services Company (ADSSC) and Emirates Water and Electricity Company (EWEC).
About ADQ
Established in 2018, ADQ is an active global sovereign investor with a focus on critical infrastructure and supply chains. As a strategic partner to the Government of Abu Dhabi, ADQ invests in the growth of business platforms anchored in the Emirate that deliver value to local communities and long-term financial returns to its shareholder. ADQ’s expanding portfolio has a total book value of USD 225 billion (as at 30 June 2024) and encompasses companies across numerous core sectors of the economy, including energy and utilities, transport and logistics, food and agriculture, and healthcare and life sciences.
For more information, visit adq.ae or write to media@adq.ae. You can also follow ADQ on Instagram, LinkedIn, and X.
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