Abu dhabi: Abu Dhabi National Energy Company PJSC (TAQA) announced on Thursday its financial results for the year ending December 31, 2025, showing a net profit increase of 5.6 percent year-on-year to AED7.5 billion. The company’s total revenues for the year stood at AED54.8 billion, maintaining levels similar to the previous year despite a slight decrease in EBITDA from AED21 billion in 2024 to AED20.7 billion in 2025.
According to Emirates News Agency, the decrease in EBITDA was attributed to non-recurring, non-cash charges in TAQA’s Generation and Oil and Gas (O and G) sectors. However, the increase in net income highlights the company’s capacity to generate consistent profitability and cash flows amid significant transformations. Capital expenditure witnessed a 48.4 percent rise to AED14.5 billion as TAQA accelerated investments in power, water, and transmission infrastructure, including projects like the 1 GW Al Dhafra Thermal Power Plant.
Throughout 2025, TAQA focused on reinforcing its integrated model and expanding its global footprint across power, water, and networks. Mohamed Hassan Alsuwaidi, Minister of Investment and Chairman of TAQA, emphasized the company’s commitment to building essential infrastructure that supports economic resilience and community wellbeing. He noted the importance of strong governance, financial discipline, and a diversified asset base in creating sustainable shareholder value and reinforcing TAQA’s role as a trusted long-term partner.
Jasim Husain Thabet, Group CEO and Managing Director of TAQA, highlighted the company’s strategic advancements in the utility sector, focusing on priorities that prepare TAQA for the future. These include accelerating international water strategies, expanding transmission networks to enhance grid resilience, and increasing generation capacity, particularly in renewables and efficient desalination technology.
TAQA’s gross generation capacity now exceeds 70 GW, with a significant portion from renewables and efficient reverse osmosis desalination technologies. Thabet noted the company’s progress towards its 2030 targets of delivering 150 GW of gross capacity, with two-thirds from renewables, positioning TAQA to meet rising demand and support growth in digital and AI-driven industries.
Reflecting the company’s financial performance, TAQA’s Board proposed a fixed dividend of 1.5 fils per share for Q4 2025 and a variable dividend of 0.7 fils per share for the full year, totaling 4.45 fils per share for 2025. The Board also proposed an updated dividend policy for 2026 – 2028, maintaining the structure of fixed and variable components with continued growth in fixed dividends annually.
