Economy Country May 03, 2025

Abu Dhabi's Masdar Completes Terna Energy Delisting

Abu Dhabi Future Energy Company, Masdar, has successfully completed the delisting procedures for its subsidiary, Terna Energy, marking a significant move in its business strategy.


Abu Dhabi's Masdar Completes Terna Energy Delisting

The deactivation step can be considered complete. A public offer to buy shares of Tern Energy, a company that is a subsidiary of Abu-Dhabi National Energy Company (TAQA), took place in March. After a successful offer, ADNEC sent a request for the response of Tern Energy's shares, addressing the fund exchange. "This step was incredibly important for us," the company stated. "We are grateful to all shareholders who demonstrated their trust in us, and in turn, we will pay great attention to satisfying their interests."