{"id":89611,"date":"2025-04-18T00:00:00","date_gmt":"2025-04-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/"},"modified":"2025-04-18T00:00:00","modified_gmt":"2025-04-18T00:00:00","slug":"top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/","title":{"rendered":"TOP STORIES: UK offshore grid major acquired by Taqa + Oman\u2019s on a roll"},"content":{"rendered":"

Good morning, friends. <\/strong>It is another packed issue, with regional and global updates from across the spectrum of the green industry. Oman is featured heavily in this week\u2019s issue, with updates on a new wind turbine making venture and hydrogen infrastructure. We also have an update on Taqa Transmission\u2019s latest M&A moves. But first, an update on the latest target of the US tariff policy\u2026<\/p>\n

THE BIG STORY ABROAD THIS WEEK- <\/strong>Trump <\/strong>probes tariffs on critical mineral imports:<\/strong> US President Donald Trump has ordered the Commerce Department to launch a national security probe into tariffs on critical minerals imports, the White House announced<\/a> on Tuesday. <\/p>\n

What\u2019s next? <\/strong>The probe would conclude within 180 days after assessing whether critical minerals imports threaten to \u201cimpair national security.\u201d The President would then decide whether to impose tariffs on the imports, which would replace the levies Trump announced earlier this month, according to a White House fact sheet<\/a>.<\/p>\n

The review will examine vulnerabilities in processing supply chains for all critical minerals <\/strong>\u2014 including cobalt, nickel, uranium, and the 17 rare earths \u2014 and investigate how foreign actors may be distorting markets. It will also identify potential policy tools to scale up domestic supply and recycling and calls for an assessment of US capabilities to produce semi-finished goods such as battery cathodes. <\/p>\n

But the US is behind across the board: <\/strong>The US currently produces minimal lithium, has only one nickel mine and no smelter, and lacks any cobalt mining or refining infrastructure, according to Reuters<\/a>. The country operates just two copper smelters and remains reliant on imports to process most of its copper output. The same applies on rare earths mine, with most processed supply coming from China. <\/p>\n

AND- China has been tightening its control as leverage: <\/strong>China restricted exports of seven categories of medium and heavy rare earths last week<\/a> as part of a set of countermeasures against renewed tariffs by Trump. You can find more below about the impact of China export controls. <\/strong><\/p>\n

The story made headlines in the international press:<\/strong> Reuters<\/a> | The Financial Times<\/a> | CNBC<\/a> | Bloomberg<\/a> | Wall Street Journal<\/a> <\/p>\n

\n

HAPPENING NEXT WEEK-<\/p>\n

#1- <\/strong>The IMF and World Bank\u2019s spring meetup will kick off next Monday <\/strong>amid the global economy grappling with mounting trade tensions and tariff escalations. The six-day 2025 Spring Meetings of the IMF and World Bank Group<\/a> will bring together policymakers, central bankers, economists, private sector leaders, and more to discuss what the year ahead holds.<\/p>\n

The mood of the meetup is already starting to become clear<\/strong>, with World Bank President Ajay Banga telling reporters yesterday that \u201cuncertainty and volatility are undoubtedly contributing to a more cautious economic and business environment,\u201d according to AFP<\/a>. <\/p>\n

#2- The UAE will host the <\/strong>Electric Vehicle Innovation Summit<\/a><\/strong> conference from Monday, 21 <\/strong>April until Wednesday, 23 April <\/strong>in Abu Dhabi. The summit is the largest of its kind and brings together industry players to address and collaborate on sustainable transportation. Among the full list of attendees<\/a> are representatives of notable players in the industry, such as like Tesla, Volvo, Chinese electric vehicle maker Xpeng, Abu Dhabi-based EV charging provider CATEC<\/a>, and UAE\u2019s Emirates Transport.<\/p>\n

\n

WHAT WE\u2019RE TRACKING REGIONALLY-<\/p>\n

<\/a>#1<\/strong>-<\/strong> Qatar and Indonesia are planning to set up a USD 4 bn joint fund targeting investment in <\/strong>key Indonesian industries, including renewable energy<\/strong>, Reuters<\/a> reported on Tuesday. Each nation will be represented by its sovereign wealth funds \u2014 the Qatar Investment Authority and Indonesia\u2019s Danantara \u2014 and each will dedicate USD 2 bn to the joint investment venture, which would also look at other sectors, such as health and technology. Danantara \u2014 Indonesia\u2019s second sovereign wealth fund \u2014 was launched just last month<\/a> with an initial capital of USD 61 bn. <\/p>\n

#2- <\/strong>The<\/strong> second phase<\/a><\/strong> of the Jordan-Iraq electricity interconnection project is expected <\/strong>to be completed by the end of August<\/strong>, according to a statement<\/a> issued on Tuesday. When fully operational, it will transmit 150-200 MW of electricity from Jordan to Iraq\u2019s Al-Qa\u2019im region via a 400 kV transmission line. Jordan and Iraq inked the agreement<\/a> to link their electricity grids last year.<\/p>\n

Jordan ? its neighbours:<\/strong> The country\u2019s grid is linked to Egypt through a 400 kV submarine cable with a 550 MVA capacity, and to Syria via an overhead line at the same voltage level. Jordan also supplies Palestine with some 80 MW through a 33 kV line. Jordan is also finalizing agreements with Saudi Arabia to start constructing the Jordan-Saudi interconnection project, the first phase of which will have a 500 MW capacity.<\/p>\n

<\/a>#3- PIF-backed EV maker Lucid Motors is <\/strong>on track to launch its new midsize electric SUV in 2026<\/strong>, company executives told Reuters<\/a> on Tuesday. The EV maker said it has already begun preparing the assembly line and finalizing vendor contracts. The new unnamed model<\/a> is expected to have a USD 50k price point, which is set to make it the most affordable Lucid model thus far.<\/p>\n

On track despite the odds\u2026 so far: <\/strong>\u201cThere are a lot of crazy things going on in the world that can affect the timeline, but currently Lucid is on track,\u201d Lucid\u2019s VP Derek Jenkins told Reuters. The company is working to minimize the impact of potential Trump tariffs by localizing its supply chain, including inking agreements with battery cell and graphite suppliers in the US, Interim CEO Marc Winterhoff told Reuters. Lucid does not plan to raise prices at this stage, Winterhoff added.<\/p>\n

In context:<\/strong> Lucid has been ramping up its SUV launches in a bid to pick up a larger from competitors, with its first SUV models \u2014 Gravity \u2014 scheduled for launch this year<\/a> with a price tag ranging between USD 79k and USD 95k. The news about the new affordable option is set to help the luxury EV maker compete with other producers making affordable models, such as Tesla\u2019s bestselling Model Y, Ford\u2019s Mustang Mach-E, Hyundai\u2019s Ioniq 5, and the upcoming Rivian R2, according to a press release issued on Tuesday. <\/p>\n

<\/a>#4- <\/strong>Saudi <\/strong>Arabia and the US are working on a nuclear cooperation agreement, with signing <\/strong>planned before the end of this year, <\/strong>US Energy Secretary Chris Wright told Al Arabiya<\/a> on Sunday. If reached, the agreement \u2014 dubbed \u201d123 agreement\u201d from Section 123 of the U.S. Atomic Energy Act of 1954<\/a> \u2014 would mark a pivotal moment for the Saudi commercial nuclear ambitions<\/a> after the Kingdom lobbied the US to ease its restrictions on bilateral nuclear cooperation.<\/p>\n

So, what stalled an agreement? <\/strong>Negotiations on a US-Saudi nuclear cooperation agreement have been slow as Riyadh reportedly held back from promising that it would not enrich uranium or reprocess spent fuel, two key steps for countries that wish to start building their own nuclear weapons, Reuters<\/a> reported on Sunday. Saudi has long maintained that it would head down the nuclear pathway if Iran were to successfully develop nukes.<\/p>\n

SOUND SMART-<\/strong> The agreement \u2014 dubbed as \u201c123 Agreement\u201d \u2014 takes its name from Section 123 of the US Atomic<\/a>Energy Act of 1954<\/a> that regulates nuclear cooperation between the US and other countries. The act requires potential US partners to meet specific requirements, including maintaining IAEA safeguards and the physical security of nuclear material, before an agreement can be finalized.<\/p>\n

#5- <\/strong>Dewa\u2019s <\/strong>green HQ on the brink of completion: <\/strong>The Dubai Electricity and Water Authority\u2019s (Dewa) new AED 1.5 bn (USD 408 mn) net-zero Al Shera\u2019a headquarters<\/a> is set to be completed in 4Q 2025, according to a statement<\/a> issued on Sunday. The building will produce 7 GWh of energy annually using over 20 sq km of PV solar panels with 4 MWp capacity, which will exceed<\/a> the energy consumed. Another 1k sqm of building-integrated PV panels to increase total capacity to 5 MWp. <\/p>\n

#6- Tabreed is eyeing Asian expansion: <\/strong>Abu Dhabi\u2019s National Central Cooling Company (Tabreed) plans to enter Indonesia, Thailand, and Vietnam as it builds on its India operations, CEO Khalid Al Marzooqi told Al Etihad<\/a> last week. The district cooling giant also secured a USD 700 mn green sukuk<\/a> to fund sustainable projects, and agreed on an AED 1.5 bn JV with Dubai Holding last month<\/a> to build a cooling system for Palm Jebel Ali, which is set to be operational by 2027.<\/p>\n

#7- <\/strong>Archer Aviation<\/a><\/strong> will bring its Midnight electric vertical take-off and landing (<\/strong>eVTOL<\/strong>) <\/strong>aircraft to high-traffic areas in Abu Dhabi<\/strong>, the National<\/a> reported last week. The areas include the Corniche, Saadiyat Island, and parts of western Abu Dhabi like Al Bateen, Al Khalidiya, and Al Maqtaa. A detailed network plan for the eVTOLs will be announced in \u201cthe near future,\u201d as the company continues to work with local authorities to make the city the first to offer Midnight eVTOLs to the public, Chief Commercial Officer Nikhil Goel told the news outlet. <\/p>\n

A closer look: <\/strong>An initial fleet of less than five eVTOLs will gradually be expanded as demand and infrastructure develop. Rides within Abu Dhabi are estimated to cost between AED 300 and AED 350, while inter-emirate journeys will range between AED 800 and AED 1.5k. Prices will depend on market conditions and will be similar to the cost of taxi journeys, Goel said.<\/p>\n

ICYMI-<\/strong> Archer Aviation teamed up with Abu Dhabi Aviation (ADA) last month<\/a> to fund the deployment of the eVTOL aircraft in Abu Dhabi. Test flights are scheduled to begin this summer<\/a>, with full commercial operations expected to launch this year. It is also developing a \u201cvertiport\u201d network<\/a> in collaboration with Falcon Aviation.<\/p>\n

\n

WHAT WE\u2019RE TRACKING GLOBALLY-<\/p>\n

#1- <\/strong>NZBA <\/strong>ditches 1.5\u00b0C target: <\/strong>The Net-Zero Banking Alliance (NZBA) has voted to loosen its climate commitment rules, shifting its target from limiting global warming to 1.5\u00b0C to a broader \u201cwell below 2\u00b0C\u201d threshold, NZBA chair Shargiil Bashir told Reuters<\/a> on Tuesday. The revised mandate \u2014 no longer requiring banks to align all sectoral financing with the 1.5\u00b0C target \u2014 is meant to accommodate slower-than-expected progress in green tech and policy, especially in hard-to-abate sectors like housing and aviation, Bashir said. <\/p>\n

ICYMI:<\/strong> The NZBA proposed<\/a> this policy change last month after a string of exits over the last few months, including of four Canadian banks and major US lenders like Goldman Sachs<\/a>, Wells Fargo<\/a>, Morgan Stanley<\/a>, and JPMorgan Chase<\/a>. European banks have also reportedly<\/a> been reconsidering their commitment to the group. <\/p>\n

#2- <\/strong>The<\/strong>US is getting<\/strong> its first sustainability-focused stock exchange:<\/strong> The US Securities and Exchange Commission has approved the Green Impact Exchange<\/a> (GIX) registering as a national securities exchange, according to a press release<\/a> on Monday. The US\u2019 first stock market dedicated solely to sustainability \u2014 expected to go live in early 2026 \u2014 will list and trade companies that focus on climate-driven value creation, giving investors a dedicated platform to navigate ESG-aligned investing and the energy transition. <\/p>\n

What we know:<\/strong> GIX will be part of the National Market System, meaning its trades will be integrated with those of other US stock exchanges to ensure smooth execution for investors. The platform \u2014 to be run on technology provided by exchange operator MEMX \u2014 will offer non-tiered pricing along with competitive liquidity and quoting schemes for participants. <\/p>\n

A rocky time for ESG investing:<\/strong> Last week alone, ESG-focused, exchange-traded funds (ETFs) saw nearly USD 5.7 bn in outflows, the largest in over a year, Bloomberg<\/a> reported on Monday. Sustainable equity funds also shed USD 9 bn in March, with the selling \u201cintensifying\u201d since February, Bloomberg added, citing Barclays\u2019 Analysts. The shrinking interest comes on the heels of an intensifying US-based backlash against ESG<\/a> investing and businesses and banks\u2019 climate coalitions. <\/p>\n

#3- <\/strong>China <\/strong>puts chokehold on rare earths:<\/strong> Exports of seven rare earths on China\u2019s export control list have ground to a halt, Reuters<\/a> reported last week, citing three unnamed sources. Chinese exporters must now apply to the Commerce Ministry for licenses to ship materials, with approvals typically taking between six weeks and several months, the sources told Reuters. Exporters to the US are also set to face more difficulty securing licenses, given the ongoing trade war between the two countries. <\/p>\n

The impact is already being felt:<\/strong> Several Chinese suppliers have declared force majeure on contracts with international buyers, Reuters added. Cargoes already at ports but not yet cleared by customs have been barred from leaving the country, and customers\u2019 stockpiles could deplete if the suspension extends beyond two months, the sources added. The export controls may also accelerate efforts by overseas buyers to diversify their rare earths sourcing and reduce reliance on China in the longer term.<\/p>\n

REMEMBER-<\/strong> China restricted exports of seven categories of medium and heavy rare earths last week<\/a> as part of a set of countermeasures against renewed tariffs by Trump. The move encompasses exports to all nations and does not constitute a complete ban, though Beijing can still limit export licenses. Some of the export restrictions \u2014 like that on antimony \u2014 were introduced as early as last September.<\/p>\n

#4- <\/strong>CATL\u2019s <\/strong>Hong-Kong listing to raise north of USD 5 bn: <\/strong>The world\u2019s largest EV battery maker Contemporary Amperex Technology (CATL) has received the go-ahead from the Hong Kong Stock Exchange to list upwards of USD 5 bn worth of shares by 2Q 2025, Reuters<\/a> reported last week, citing unnamed sources. The listing\u2019s exact date is undecided, as sweeping US tariffs have caused widespread market instability, one of the sources said. China\u2019s Securities Regulatory Commission also approved the listing last month.<\/p>\n

\n

THE SCORECARD- <\/p>\n

Global <\/strong>EV<\/strong> sales in 1Q 2025 reached 4.1 mn units globally<\/strong>, according to a statement<\/a> issued on Tuesday by British consultancy firm Rho Motion. China led the charge with 2.4 mn EVs sold and 36% y-o-y growth, while Europe saw an increase of 22% and North America 16%.<\/p>\n

\n
\n
\n
\n

Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

***
YOU\u2019RE READING EnterpriseAM Climate, the essential MENA publication for senior <\/strong>execs who care about the world\u2019s most important industry. <\/strong>We\u2019re out on Fridays by 9am in Cairo and Riyadh and 11am in the UAE.<\/p>\n

EnterpriseAM Climate is available without charge <\/strong>thanks to the generous support of our friends at HSBC.<\/p>\n

Were you forwarded this email? <\/strong>Tap or click here<\/a> to get your own copy of Enterprise Climate.<\/p>\n

Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on climate@enterprisemea.com<\/a>.<\/p>\n

DID YOU KNOW <\/strong>that we also cover Egypt<\/a>, Saudi Arabia<\/a>, the UAE<\/a>, and the MENA<\/a>logistics industry<\/a> ?
***<\/strong><\/p>\n

CIRCLE YOUR CALENDAR- <\/strong><\/p>\n

Egypt will host <\/strong>Solar & Storage Live Egypt<\/a><\/strong> from Tuesday, 29 April until Wednesday, 30 <\/strong>April <\/strong>in Cairo. The supplier-led exhibition will allow companies to showcase their solar and clean energy solutions. Over 7k attendees, 150 exhibitors, and 150 speakers are expected to attend. <\/p>\n

Turkey will host the <\/strong>International Renewable Energy Conference<\/a><\/strong> from Wednesday, 7 May <\/strong>until Friday, 9 May <\/strong>in Istanbul. The conference facilitates a dialogue between industry professionals on renewables policy, hydrogen in the energy transition, renewable energy solutions, and others.<\/p>\n

Oman will host the<\/strong> Oman Sustainability Week<\/a><\/strong> from Sunday, 11 May until Thursday, 15 <\/strong>May<\/strong> in Muscat. The exhibition, bringing together policymakers and stakeholders from the energy and sustainability sectors, will serve as a premier knowledge-sharing platform, where thought leaders will explore policies and strategies to advance Oman\u2019s journey toward a net-zero future.<\/p>\n

Saudi Arabia will host the<\/strong>International District Cooling Conference<\/a><\/strong> from Tuesday, 13 May <\/strong>until Wednesday, 14 May <\/strong>in Jeddah. The conference will spotlight district cooling solutions for the Kingdom, with a focus on policy, regulation, digital transformations, asset management, optimization, networking, and investment opportunities. <\/p>\n

Saudi Arabia will host its first <\/strong>Green Energy Week<\/a><\/strong> from Wednesday, 14 May until <\/strong>Thursday, 15 May <\/strong>in Riyadh. Over 450 attendees, 50 speakers, and 15 exhibitors will come together to discuss solar PV, energy storage and green hydrogen. <\/p>\n

Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n","protected":false},"excerpt":{"rendered":"

What we\u2019re tracking this week regionally and around the world<\/p>\n","protected":false},"author":1,"featured_media":89612,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[621],"tags":[53,107,154,11,64,63,415,151,65,93,194,76,163,159,200,620,52],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-week-in-review","tag-capital-markets","tag-critical-minerals","tag-dewa","tag-enterpriseclimate","tag-evs","tag-evtol","tag-interconnector-projects","tag-investment-watch","tag-iran","tag-jordan","tag-lucid-motors","tag-nuclear-energy","tag-qatar","tag-saudi-arabia","tag-tabreed","tag-the-week-in-review","tag-uae","wpautop","entry"],"acf":{"mongo_id":"57d3cc33-82bc-4f52-8367-841a35fe6011","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/4\/1149.jpg","photo_position":"above","homepage_title":"","full_issue_title":"TOP STORIES: UK offshore grid major acquired by Taqa + Oman\u2019s on a roll","related_issue":[89609],"teaser":"What we\u2019re tracking this week regionally and around the world","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.f985319b-2811-42e8-999b-6c8276e9c658.mp3"},"yoast_head":"\nTOP STORIES: UK offshore grid major acquired by Taqa + Oman\u2019s on a roll - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TOP STORIES: UK offshore grid major acquired by Taqa + Oman\u2019s on a roll\" \/>\n<meta property=\"og:description\" content=\"What we\u2019re tracking this week regionally and around the world\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-18T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1149.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"13 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"TOP STORIES: UK offshore grid major acquired by Taqa + Oman\u2019s on a roll\",\"datePublished\":\"2025-04-18T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/\"},\"wordCount\":2605,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1149.jpg?fit=%2C&ssl=1\",\"keywords\":[\"CAPITAL MARKETS\",\"critical minerals\",\"DEWA\",\"EnterpriseClimate\",\"EVs\",\"EVTOL\",\"interconnector projects\",\"INVESTMENT WATCH\",\"Iran\",\"Jordan\",\"Lucid Motors\",\"Nuclear Energy\",\"Qatar\",\"Saudi Arabia\",\"Tabreed\",\"THE WEEK IN REVIEW\",\"UAE\"],\"articleSection\":[\"THE WEEK IN REVIEW\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/\",\"name\":\"TOP STORIES: UK offshore grid major acquired by Taqa + Oman\u2019s on a roll - Climate\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1149.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-04-18T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1149.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1149.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/climate\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TOP STORIES: UK offshore grid major acquired by Taqa + Oman\u2019s on a roll\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"name\":\"Climate\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\",\"name\":\"Climate\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/25470.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/25470.svg\",\"caption\":\"Climate\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"TOP STORIES: UK offshore grid major acquired by Taqa + Oman\u2019s on a roll - Climate","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/","og_locale":"en_US","og_type":"article","og_title":"TOP STORIES: UK offshore grid major acquired by Taqa + Oman\u2019s on a roll","og_description":"What we\u2019re tracking this week regionally and around the world","og_url":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/","og_site_name":"Climate","article_published_time":"2025-04-18T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1149.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"13 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"TOP STORIES: UK offshore grid major acquired by Taqa + Oman\u2019s on a roll","datePublished":"2025-04-18T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/"},"wordCount":2605,"publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1149.jpg?fit=%2C&ssl=1","keywords":["CAPITAL MARKETS","critical minerals","DEWA","EnterpriseClimate","EVs","EVTOL","interconnector projects","INVESTMENT WATCH","Iran","Jordan","Lucid Motors","Nuclear Energy","Qatar","Saudi Arabia","Tabreed","THE WEEK IN REVIEW","UAE"],"articleSection":["THE WEEK IN REVIEW"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/","url":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/","name":"TOP STORIES: UK offshore grid major acquired by Taqa + Oman\u2019s on a roll - Climate","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1149.jpg?fit=%2C&ssl=1","datePublished":"2025-04-18T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1149.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1149.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/top-stories-uk-offshore-grid-major-acquired-by-taqa-omans-on-a-roll\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/climate\/"},{"@type":"ListItem","position":2,"name":"TOP STORIES: UK offshore grid major acquired by Taqa + Oman\u2019s on a roll"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/climate\/#website","url":"https:\/\/enterpriseam.com\/climate\/","name":"Climate","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/climate\/#organization","name":"Climate","url":"https:\/\/enterpriseam.com\/climate\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/25470.svg","contentUrl":"https:\/\/ent.news\/internal\/25470.svg","caption":"Climate"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1149.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1149.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/4\/1149.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_shortlink":"https:\/\/wp.me\/pgVl2y-njl","_links":{"self":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/89611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/comments?post=89611"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/89611\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/89609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media\/89612"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media?parent=89611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/categories?post=89611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/tags?post=89611"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/brand?post=89611"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=89611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}