17/11/2025 04:03 AST

Taqa Energy Services, a subsidiary of Abu Dhabi National Energy Company (TAQA), has signed an agreement with Sdeira Group, a subsidiary of AD Ports Group, to implement one of the emirate's largest building retrofit projects aimed at enhancing energy and water efficiency at Aryam ICAD Residential City in Mussafah, Abu Dhabi.

The partnership was initially unveiled at the World Utilities Congress 2023, and the implementation agreement was signed during ADIPEC 2025 by Khalid Al Qubaisi, CEO of TAQA Energy Services, and Abdulaziz A. Bawazeer, CEO of Sdeira Group, in the presence of senior officials and industry leaders.

The 14-month project represents one of the largest and most ambitious retrofitting initiatives undertaken for a service sector residential infrastructure in Abu Dhabi, underscoring the Emirate's accelerating drive toward sustainability and efficiency in its built environment.

As part of the project, TAQA Energy Services is set to upgrade the Heating, Ventilation, and Air Conditioning (HVAC) systems, deploying advanced energy monitoring and control technologies, and installing innovative water-saving solutions across eight building clusters, including residential compounds and a shopping mall, to improve operational efficiency, reduce environmental impact, and enhance residents' quality of life at Aryam ICAD Residential City.

TAQA Energy Services CEO Khalid Al Qubaisi said: "Our partnership with Sdeira Group marks a significant step in delivering future-ready, energy-efficient infrastructure in the emirate, aligning with the Abu Dhabi Energy & Water Efficiency Strategy 2030 and the UAE's Net Zero by 2050 initiative. This partnership also supports sustainable growth while protecting vital natural resources."

The retrofit project at Aryam ICAD Residential City is expected to yield tangible environmental and economic benefits, with a projected annual reduction of approximately 17,000 tonnes of carbon dioxide emissions and AED12 million in savings.

"These savings will be reinvested into the program, creating a self-sustaining cycle of efficiency and innovation," he added.

Abdulaziz A. Bawazeer, CEO of Sdeira Group, said: "Sustainability is a core component of Sdeira Group's business model. Our collaboration with TAQA Energy Services demonstrates our shared commitment to environmental stewardship in line with economic development."

"Aryam ICAD Residential City is one of our flagship staff accommodation communities, home to over 58,000 residents. These retrofits will enhance the overall living environment for our community, not only reducing utility consumption and costs but also enabling us to serve our communities better," stated Bawazeer.

The project is expected to significantly benefit the community by reducing electricity consumption by 36 gigawatt-hours annually, lowering water consumption by over 616,000 cu m and preventing emissions equivalent to the carbon absorption of more than 250,000 tree seedlings grown for a decade.

Beyond these measurable results, the retrofit will enhance system resilience, improve air quality, and increase comfort and reliability for residents, demonstrating how sustainability investments can directly improve quality of life.

Aryam ICAD Residential City, owned and operated by Eskan, plays a vital role in Abu Dhabi's urban landscape. Its transformation positions this flagship development as a model for sustainable living communities, highlighting how utility and infrastructure upgrades can generate widespread social, environmental, and economic benefits.

Since its founding in January 2020, TAQA Energy Services has been leading innovation and sustainability efforts across Abu Dhabi's power and water sectors.

The company continues to deliver impactful projects that support the emirate's long-term environmental objectives and help build a more efficient and resilient future.


Trade Arabia

Taqa records total net income of Dh7.5 billion for 2025

13/02/2026

Taqa on Thursday reported a solid full-year performance for 2025, posting a net income of Dh7.5 billion as the Abu Dhabi-based utilities group accelerated investment and advanced major domestic and i

Trade Arabia

Taqa, Sdeira launch landmark building retrofit project in Abu Dhabi

25/11/2025

Taqa Energy Services, a subsidiary of Abu Dhabi National Energy Company (Taqa), has signed an agreement with Sdeira Group, a subsidiary of AD Ports Group, to implement one of the emirate's largest bu

Trade Arabia

TAQA reports 9-month profit of $1.66bn

14/11/2025

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, today reported group revenues of AED42.7 billion ($11.63 bill

Trade Arabia

Ticker Price Volume
TAQA Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Ticker Price Change
ACWAPOWER 192.00 -2.50 (-1.29%)
DEWA 2.77 0.00 (0.00%)
SAUDIENERGY 14.14 -0.01 (-0.08%)
EMPOWER 1.56 -0.03 (-1.89%)
MARAFIQ 38.56 -0.34 (-0.88%)
Oman Oil Marketing Company reports minor damage following storage tank attack

05/03/2026

The Oman Oil Marketing Company (OOMCO) has formally announced that one of its fuel storage tanks on March 3 the subject of an incident. In a statement released on March 4, the company confirmed that

Muscat Daily

UAE telecom firm du says its network is operating normally

05/03/2026

Emirates Integrated Telecommunications Company (du) on Wednesday assured its operational readiness and confirmed its infrastructure and core systems were operating normally.

Providing a busi

Khaleej Times

UDC approves 5.5% cash dividend distribution equivalent to QAR 194.7 million

05/03/2026

The annual ordinary general assembly meeting of the United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl and Gewan Islands, approved th

Gulf Times

Alba boosts Bahraini leadership pipeline through key appointments

05/03/2026

Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has announced a set of leadership appointments that underscore its long-term commitment to succession planning, leadership

Trade Arabia

AD Ports Group confirms normal operations amid regional conflict

05/03/2026

The AD Ports Group on Wednesday, March 4, confirmed that all its operations continue normally in light of current regional developments.

As a precautionary measure, the group has activated i

Khaleej Times