Jasim Husain Thabet: Powering Global Growth Through Energy, Water, and Sustainable Infrastructure

As nations accelerate investments in energy security, water sustainability, and infrastructure development, utility companies are playing an increasingly important role in shaping the future of global economies. At the forefront of this transformation is Jasim Husain Thabet, the executive leading TAQA through a period of significant growth and international expansion.

Since assuming his current role in 2020, Thabet has overseen the continued evolution of TAQA into a diversified global utilities and infrastructure leader. Under his leadership, the company has strengthened its presence across energy, water, transmission, and oil and gas sectors while advancing long-term sustainability and growth objectives.

Leading a Global Utilities and Infrastructure Leader

Today, TAQA owns and manages assets across 25 countries, making it one of the most influential utility and energy companies in the region.

Its operations span a wide range of critical sectors, including:

• Power generation
• Water production
• Water treatment and reuse
• Transmission and distribution networks
• Upstream oil and gas operations
• Midstream energy infrastructure

This diversified portfolio enables TAQA to support growing demand for energy and water while contributing to economic development and infrastructure resilience across international markets.

Strong Financial Performance

TAQA’s scale and operational strength were reflected in its financial performance during the first half of 2025.

The company reported revenues of approximately $7.7 billion, while total assets reached $59.1 billion, underscoring its position as one of the region’s largest infrastructure and utility groups.

These results demonstrate the company’s ability to deliver consistent growth while maintaining a strong balance sheet and expanding its global footprint.

Expanding Global Water Capabilities

A major milestone in TAQA’s growth strategy came in August 2025, when the company agreed to acquire GS Inima for approximately $1.2 billion.

The acquisition significantly strengthens TAQA’s position in the global water sector by adding around 171 million imperial gallons per day (MIGD) of desalination capacity to its existing portfolio of approximately 1,250 MIGD.

The move reflects the company’s commitment to addressing growing global demand for sustainable water solutions while enhancing its leadership in one of the world’s most critical infrastructure sectors.

As water security becomes an increasingly important priority worldwide, investments of this scale position TAQA to play a significant role in supporting long-term resource sustainability.

Supporting the UAE’s Sustainability Vision

Beyond his responsibilities at TAQA, Jasim Husain Thabet contributes to several strategic organizations that support the UAE’s economic and sustainability ambitions.

He serves as Deputy Chairman of Masdar, one of the world’s leading renewable energy and clean technology companies. Through this role, he supports initiatives focused on advancing renewable energy development and accelerating the global transition toward sustainable energy systems.

His involvement with Masdar highlights his commitment to balancing traditional energy infrastructure with emerging clean energy opportunities.

Leadership Across Key National Industries

Thabet’s influence extends beyond utilities and energy.

He also serves on the boards of Etihad Aviation Group and AD Ports Group, contributing to sectors that are critical to the UAE’s economic growth, connectivity, and global competitiveness.

These roles provide him with a broad perspective on infrastructure development, logistics, transportation, and industrial growth, helping strengthen collaboration across key sectors of the national economy.

A Vision for Sustainable Infrastructure

As global demand for reliable energy, clean water, and resilient infrastructure continues to rise, Jasim Husain Thabet’s leadership reflects a forward-looking approach focused on growth, sustainability, and innovation.

Through strategic acquisitions, international expansion, and continued investment in critical infrastructure, he is helping position TAQA as a global leader in utilities and resource management.

His work demonstrates how modern infrastructure companies can create long-term value while supporting economic development, environmental sustainability, and resource security.

As TAQA continues to expand its global footprint, Thabet remains focused on building an organization capable of meeting the challenges and opportunities of a rapidly changing world—delivering energy, water, and infrastructure solutions that support future generations.