UAE-Morocco Consortium Sign $14 Billion Worth of Energy Deals

UAE-Morocco consortium sign $14 billion worth of energy deals

Morocco on Monday signed deals with an Emirati-Moroccan consortium for energy and water infrastructure projects, which according to one of the companies involved were worth more than $14 billion. The country and state-owned National Office of Electricity and Drinking Water (ONEE) signed three agreements with the Mohammed VI Public Investment Fund and energy groups Taqa Morocco, a subsidiary of the Emirati energy giant Taqa, and Nareva, the energ…

Morocco and UAE Ink $14 Billion Pact to Power Green Energy and Water Security

Morocco has struck major agreements worth about $14 billion with a partnership of Emirati and Moroccan companies to improve its energy and water infrastructure. The transactions, inked on Monday, involve the state-owned National Office of Electricity and Drinking Water (ONEE), the Mohammed VI Public Investment Fund, Taqa Morocco—a subsidiary of UAE-based energy giant Taqa—and Nareva, which is part of Morocco’s royal holding firm Al Mada. These p…

Strategic Partnership Between the Government of Morocco and TAQA Morocco, Nareva, ONEE and the Mohammed VI Investment Fund to Develop Key Power and Water Infrastructures in the Kingdom of Morocco - QUICK NEWS AFRICA

As part of the implementation of the commitments made in the joint declaration between His Majesty King Mohammed VI, may God Assist Him, and His Highn

UAE-Morocco consortium sign $14 billion worth of energy, water deals

Rabat (AFP) May 19, 2025 Morocco on Monday signed deals with an Emirati-Moroccan consortium for energy and water infrastructure projects, which according to one of the companies involved were worth more than $14 billion. The country and state-owned National Office of Electricity and Drinking Water (ONEE) signed three agreements with the Mohammed VI Public Investment Fund and energy groups Taqa Morocco, a subsidiary

Details of the agreement Key projects Financing statements The alliance between Morocco and the United Arab Emirates is evolving positively with the announcement of one of the most important projects in the fields of water and energy in the recent history of both countries, thanks to the collaboration of the Moroccan Government with important national companies such as Taqa Morocco, Nareva, the National Office of Electricity and Drinking Water (…

A strategic partnership has been formalized between the government, TAQA Morocco, Nareva, the ONEE and the Mohammed VI Fund. The post Energy Sovereignty: Mega Deal for the development of priority infrastructure appeared first on LesEco.ma.