TAQA extends water treatment business with the acquisition of $ 1.2BN of GS

The Abu Dhabi National Energy Company has signed a 100 percentage of a 100 percent of GS Iina, Spain-based Global leader in water treatment and waterproof.
The transaction, under controlled approval and other closure conditions, are expected to close in 2026.
The TAQA, the greatest combined resources included in Europe, Middle East and Africa, reached the agreement with GS Engineering & Construction. It will bring GS in full full ownership of the TAQA ownership and highly speed up the strategy of the international growth of the party.
Headtridter in Madrid, GS Nina works about about 50 projects, PPPS), throughout the portfolio controlled by fluids and waterproof water and seawater). The existence in 10 countries, including Brazil, Mexico, the United States, and Oman, and will provide a quick access to the growing markets throughout Europe, in Latin America.
By combining GS’s skills, the TAQA will intensify its position as low-water, ending, procurement, procurement and maintenance and maintenance.
It is expected to add strong to the EbitDa Kamaqa when closing. In 2024, GS stopped and produced revenue of EURC389 million (US $ 455.2 million) and Eup106 million (US $ 124 million (US $ 124 million (US $ 124 million. Most portfolio of company (other than half of EPCM) applies under long-term permit agreements involving the inflation mechanisms, they provide stable and foretare cash flow.
GS Nina Advanced Technological Technologies and Focus on R & D will open up a long-term number by improving the efficiency of Talk and technical skills on its water platform.
Jasim Husain Thabet, the Chief Executive Officer of the TAQA party group, commented: “This discovery represents a world-time strategic and platforms.
“Cooperate, we will accelerate our desire to be a leading water player, to expand our access and growing markets at the East East, European curtains around the communities worldwide.”
Access will soon add approximately 171 million gallons a day (MIGD) used in TAQA’s 1,250 mugdfolio. It also helps the purpose of the TAQA taucing to obtain two thirds of its water reductions from Osmosis (RO) in 2030.
Integrated GS Ninine Contribution Intaining a water case will add 2,20 meters of water and 572 meters) Water water (57 meters) for 1.3 million water management.
Findings constructed in Momentum in the last 12 months, when Tipa took important steps to increase its water skills and other countries.
At home, the group increases its existence in polluted water and re-process water with the acquisition of continuous water solutions, which are now working as water-taqa water solutions.
Around the world, the TAQA is committed to large infrastructure projects that improve long-term water safety projects, including many development projects in Morocco and Uzbekistan.