TAQA Donates 100,000 CAD for Gaza Humanitarian Aid

Abu Dhabi, 25th January 2009:  In response to the current humanitarian crisis in Gaza, Abu Dhabi National Energy Company PJSC (TAQA) has pledged 100,000 Canadian dollars (CAD) through the Canadian Red Cross to help alleviate human suffering in Gaza.

Despite the recent cease-fire, the situation across the territory remains critical, with an estimated total repair bill of US$ 1.9 billion.  Officials reported that around 5,000 homes were destroyed and 20,000 others were damaged during the conflict, rendering many families homeless.

Peter E. Barker-Homek, CEO of TAQA said, "We must do everything we can to ensure the desperate, vulnerable people in Gaza get the help they need. We are totally committed to this cause and by working with the Canadian Red Cross, we hope that these civilians, particularly children, can avert further suffering. We are hopeful that our contribution will help those 1.5 million people in urgent need of food, water and fuel.”