|09.08.2008 - Barker-Homek: Taqa targets investments worth $60bn by 2012|
|From Gulf-Times.com: Abu Dhabi National Energy Co (Taqa) plans investments worth $60bn by 2012, a top company executive has said.
‘We aim to attract $60bn of investments by 2012, which means growth of 25% each year,’ Taqa’s chief executive officer, Peter Barker-Homek told a conference call.”
In a post on Thursday, Brad Setser suggested that Taqa may now perhaps be considered a sovereign wealth fund. And he quotes Wayne Arnold as writing in The National in July that, “There are at least eight Government-owned or Government-controlled institutions now investing sovereign funds on behalf of Abu Dhabi... Full article: Source