Abu Dhabi National Energy Co, also known as TAQA, has appointed Khalid Al Qubaisi as the chief executive of its subsidiary, Abu Dhabi Energy Services (ADES).

Al Qubaisi will help further ADES as Abu Dhabi’s Super ESCO (energy service company) while working with other energy services companies to expand the market in the emirate, TAQA said in a statement Monday.

ADES is responsible for retrofitting government and commercial buildings by identifying, sourcing and funding solutions that deliver tangible reductions in water and electricity consumption.

TAQA in its 2030 Strategy for Sustainable and Profitable Growth, mandated ADES to grow new services in demand-side management, enabling public and private entities to realize energy savings targets. 

Al Qubaisi has more than 15 years of diversified experience in the investments and energy sectors. Prior to this appointment, he served in several leadership positions at Mubadala Investment Co. 

(Writing by Brinda Darasha; editing by Daniel Luiz)

brinda.darasha@refinitiv.com

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