Abu Dhabi’s Transco appoints new CEO

Afif Saif al-Yafei, formerly of Tabreed and Adnoc, has been appointed as the CEO of Abu Dhabi Transmission and Dispatch Company (Transco)

 

Abu Dhabi Transmission and Dispatch Company (Transco) has appointed Afif Saif al-Yafei as its new chief executive officer (CEO).

Al-Yafei has joined Transco from the National Central Cooling Company (Tabreed), where he was formerly executive vice president of asset management, senior vice president of regional businesses and vice president of operations. Prior to this, Al-Yafei had worked in the oil gas industry, where he held various positions for Abu Dhabi National Oil Company (Adnoc).

The news of Al-Yafei’s appointment was announced by Transco’s parent company, the Abu Dhabi National Energy Company (Taqa).

On 1 July, Taqa completed the transaction with state utility Abu Dhabi Power Corporation (ADPower) to transfer the majority of ADPower’s power and water assets to Taqa, creating one of the largest utility companies in the Europe, Middle East and Africa (EMEA) region.

Taqa now has total power generation assets of 22.7GW and contracted water capacity of 916 million imperial gallons a day (MIGD). The power generation assets include 1.4GW of renewable energy capacity.

The energy company also has a further 4.4GW and 200MIGD of power and water capacity respectively under development.

Taqa will serve more than 1 million customers across the UAE through 80,000km of electricity transmission lines and 20,000 km of water pipelines. In addition to now owning 12 power and desalination plants and all of Abu Dhabi’s power and water transmission companies, Taqa owns assets in Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Kingdom and the United States.