Go to deals
Energy

TAQA Morocco has raised US$50 million of equity in a pre-IPO private placement

TAQA Morocco has raised US$50 million of equity in a pre-IPO private placement to accelerate its development and optimize its financing costs.

TAQA Morocco, a subsidiary of the TAQA Group, is the first private producer of electricity in Morocco. Through its thermal power station in Jorf Lasfar, it is the main supplier to ONEE (National Office for Electricity and Water). Created in 1997, TAQA Morocco is a major player in the energy sector, covering more than 50% of the electricity national demand and 30% of the installed capacity. With 480 employees and six production units, TAQA Morocco is the largest independent coal-fired thermal power plant in the MENA region.

Oaklins’ team in Morocco was the exclusive advisor in this transaction.

Talk to the deal team

Hicham Chebihi Hassani

Managing Partner
Casablanca, Morocco
Oaklins Atlas

Related deals

Tekova Oyj has completed a technical listing on the Nasdaq First North Growth Market Finland
Construction & Engineering Services

Tekova Oyj has completed a technical listing on the Nasdaq First North Growth Market Finland

Tekova Oyj has successfully completed a technical listing (IPO) on the Nasdaq First North Growth Market Finland. This transaction marks a significant milestone in the company’s growth strategy, enhancing its visibility and access to capital markets.

Learn more
Duke Capital Limited has completed a fundraising
Financial Services

Duke Capital Limited has completed a fundraising

Duke Capital Limited has completed a successful fundraise, securing US$29.8 million (£23.5 million) through a placing and retail offer on the Alternative Investment Market (AIM). This milestone will further enable Duke Capital to continue its innovative approach to alternative financing solutions for small and medium enterprises (SMEs) across the UK and Europe.

Learn more
Hærup Biogas has been acquired by Gasum
Energy

Hærup Biogas has been acquired by Gasum

Gasum has entered the Danish biogas market with its acquisition of all shares in Hærup Biogas, which owns and operates a biogas plant in the northern part of mainland Denmark.

Learn more