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Abu Dhabi wealth fund L'IMAD increases stake in utility TAQA

Abu Dhabi's newest sovereign wealth fund L'IMAD Holding, headed by the ​emirate's crown prince, ⁠has increased its stake in state-owned power ‌and water utility TAQA by a further 8.09%, TAQA said on Wednesday. Abu ​Dhabi Power Corporation, a subsidiary of the wealth fund, completed the ​acquisition of ​an additional 9.1…

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