Deals Counterparts

ADNOC and TAQA partner for utilities services at TA'ZIZ Industrial Chemicals Zone

Partnership Industrial announced Ruwais, UAE Feb 26, 2026
development
Stage
TA’ZIZ Industrial Chemicals Zone (ICZ)
Project

ADNOC and TAQA have formally agreed to a 27-year utilities services agreement for TA'ZIZ Industrial Chemicals Zone, co-developing a utility platform that will support the development of both chemical and transition fuel related projects in the ICZ, providing all necessary utilities, including connection to the grid for electric power, steam, water, sanitation, and process cooling.

Deal Analysis

ADNOC and TAQA's partnership to provide utilities services for the TA'ZIZ Industrial Chemicals Zone (ICZ) represents a significant investment in the UAE's industrial infrastructure. The 27-year agreement underscores a long-term commitment to supporting the development of both chemical and transition fuel projects within the ICZ. By co-developing a comprehensive utility platform, ADNOC and TAQA aim to provide essential services, including power, steam, water, and cooling, thereby enabling the efficient operation and growth of the industrial zone. This partnership is notable due to the involvement of ADNOC, a major diversified energy group owned by the Abu Dhabi Government, and TAQA, a key player in the renewables industry. The collaboration leverages the strengths of both entities to create a robust and sustainable utility infrastructure. While the deal value remains undisclosed, the long-term nature of the agreement and the strategic importance of the TA'ZIZ ICZ suggest a substantial investment. This deal signals a continued focus on developing the UAE's industrial capabilities and diversifying its energy portfolio.
  • Partnership between ADNOC and TAQA for 27-year utilities services agreement.
  • Focus on supporting both chemical and transition fuel projects in the TA'ZIZ ICZ.
  • Involves development of a comprehensive utility platform.
  • Highlights the UAE's commitment to industrial diversification and energy transition.
Market Context: The industrial sector in the UAE is experiencing growth driven by government initiatives to diversify the economy and attract foreign investment. The TA'ZIZ Industrial Chemicals Zone is a key component of this strategy, aiming to establish a world-scale chemicals hub in Abu Dhabi. The energy sector is also undergoing a transition towards cleaner energy sources, with companies like TAQA playing a significant role in promoting renewable energy solutions.

Source Intelligence

KEY DETAILS

The agreement will provide all necessary utilities, including connection to the grid for electric power, steam, water, sanitation, and process cooling. "Through this agreement ADNOC and TAQA will co-develop a utility platform that will support the development of both chemical and transition fuel related projects in the ICZ, providing all necessary utilities, including connection to the grid for electric power, steam, water, sanitation, and process cooling."

Location
In Abu Dhabi, ADNOC and TAQA have formally agreed to a 27-year utilities services agreement for TA’ZIZ Industrial Chemicals Zone, an important chemical and transition fuel production area located in Ruwais Industrial City.
PPA Details
ADNOC and TAQA conclude 27-year utilities services contract to secure long-term infrastructure support
Announcement
by Kyle February 26, 2026
COD
which is expected to produce 4.7 million tonnes per year of chemicals in 2028
PARTIES MENTIONED IN SOURCE
A
ADNOC developer

"ADNOC and TAQA have formally agreed to a 27-year utilities services agreement for TA’ZIZ Industrial Chemicals Zone"

T
TAQA developer

"ADNOC and TAQA have formally agreed to a 27-year utilities services agreement for TA’ZIZ Industrial Chemicals Zone"

A
ADQ

"TA’ZIZ (a joint-venture between ADNOC and ADQ)"

high quality Enriched Feb 27, 2026

Timeline

Announced
Feb 26, 2026
Signed
Closed

Market Context

This deal is part of the Industrial sector in UAE.
42
Industrial deals
37
deals in UAE
1 of 42 Industrial deals tracked this month · Updated daily

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