TAQA, ENGIE and EWEC Announce Financial Closing for Mirfa 2 Reverse Osmosis Desalination Plant

AED 2.3 billion (USD $620 million) Mirfa 2 Reverse Osmosis plant (M2 RO) will produce 120 million imperial gallons per day and will be the third largest reverse osmosis plant in the UAE

TAQA Group holds a 60% stake in this low-carbon desalination project alongside ENGIE holding a 40% stake

TAQA and ENGIE to take on the operations and maintenance of the M2 RO plant, with EWEC procuring the water supplied from the plant for 30 years

Abu Dhabi, UAE – 31 May 2023: Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utility companies in the Middle East and North Africa region, alongside ENGIE, a global leader in low-carbon energy solutions, and EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the UAE, announced the successful financial closing of the AED 2.3 billion (USD $620 million) low carbon Mirfa 2 Reverse Osmosis (M2 RO) desalination project.