| From Zawya.com: The Abu Dhabi Energy Company (Taqa), the semi sovereign wealth fund, said it had slowed down its push to boost assets to $60 billion (Dh220bn) but that the level remains its target despite the adverse impact of the low oil prices on its portfolio.
Taqa's Chief Executive Officer, Peter Barker-Homek, said which is 75 per cent owned by the Abu Dhabi Government, had invested nearly $15bn over the past five years and is planning to finalise deals worth $10bn in the next five years. In an interview with Emirates Business, Homek said the global financial crisis and the ensuing crash in crude prices had hit its oil and gas business but noted that its other assets had remained intact as most of them are power stations..... Full Article: Source
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