India, Aug. 25 -- Abu Dhabi National Energy Company PJSC Monday announced that it has signed an agreement to acquire a 100% interest in GS Inima, a leader in water treatment and water desalination, from GS Engineering & Construction.
The transaction, valued at about $1.2 billion, will bring GS Inima fully into TAQA's ownership and significantly accelerate the Group's international water growth strategy.
The acquisition marks a pivotal step in TAQA's strategy to establish a world-class, integrated global water platform. Headquartered in Madrid, GS Inima operates approximately 50 active projects, including approximately 30 long-term public- rivate partnerships (PPPs), across a portfolio spanning water desalination and water treatment (inclu...