UAE's Taqa to Invest AED52 Billion in Morocco's Utility Sector

TAQA, a UAE-based energy company, plans to invest AED52 billion ($14.1 billion) in Morocco to boost the kingdom's utility sector. The investment will focus on power and water generation, transmission, and distribution, as well as sustainable water solutions. TAQA operates in various countries, including the UAE, Netherlands, UK, Ghana, India, Iraq, Morocco, North America, and Saudi Arabia.

TAQA, a UAE-based energy company, has announced plans to invest AED52 billion ($14.1 billion) in Morocco to bolster the kingdom's utility sector. The investment, which is part of TAQA's broader strategy to expand its footprint in strategic markets, will focus on enhancing power and water generation, transmission, and distribution. Additionally, the investment will include sustainable water solutions, a growing priority in the energy sector [1].

TAQA's investment in Morocco aligns with the kingdom's ambitions to modernize its utility infrastructure and transition to a more sustainable energy mix. The company's involvement in various countries, including the UAE, Netherlands, UK, Ghana, India, Iraq, North America, and Saudi Arabia, underscores its commitment to diversifying its operations and leveraging its expertise in the energy and water sectors.

Gradiant, a global leader in advanced water and wastewater solutions, has recently been awarded contracts by leading technology companies to design and deploy sustainable water solutions at new data centers in the United States and Indo-Pacific. These facilities, critical to powering AI and cloud infrastructure, are increasingly located in water-stressed regions. Gradiant's solutions, which include water recycling and reuse technologies, AI optimization, and chemical formulations, aim to minimize the environmental impact of data centers [1].

TAQA's investment in Morocco's utility sector is expected to create significant opportunities for growth and innovation. The company's focus on sustainable water solutions and its experience in the energy sector position it well to contribute to Morocco's development goals. As the digital economy accelerates, the demand for sustainable water solutions in data centers is expected to grow, creating additional opportunities for companies like Gradiant and TAQA.

References:
[1] https://www.morningstar.com/news/business-wire/20250513633930/gradiant-leads-sustainable-water-solutions-for-the-data-centers-powering-ai