ADQ adds ENEC to utilities portfolio

ADQ adds ENEC to utilities portfolio

UAE - Mubasher: The shares of the Emirates Nuclear Energy Corporation (ENEC) have been fully transferred to ADQ's ownership from the Abu Dhabi government, according to a press release on Thursday.

Abu Dhabi Executive Council has issued a decree to add the ENEC to ADQ's utility portfolio with immediate effect.

ADQ's utility portfolio includes Abu Dhabi National Energy Company (TAQA), Abu Dhabi Sewerage Services Company (ADSSC), and Emirates Water and Electricity Company (EWEC).

The ENEC was established in 2009 to develop a peaceful nuclear energy programme to meet the UAE's growing energy demands.

The CEO of ADQ, Mohamed Hassan Alsuwaidi, said: "We are working closely with our utilities companies, including TAQA, EWEC, ADSSC and