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Thursday, June 30, 2022 19:44 GMT
Leading international law firm Clifford Chance is advising Abu Dhabi National Energy Company (Taqa) on its landmark stake acquisition, along with Abu Dhabi National Oil Company (Adnoc), in Masdar from Mubadala. Subject to obtaining the necessary regulatory approvals, Taqa will acquire a 43% controlling stake in Masdar’s renewables business with Mubadala retaining a 33% interest, and Adnoc owning the remaining 24% interest. Meanwhile, Adnoc will hold a 43% controlling stake in Masdar’s new green...More