Khalid Al Qubaisi appointed as CEO of Abu Dhabi Energy Services

Khalid Al Qubaisi has been appointed as CEO of Abu Dhabi Energy Services (ADES), a subsidiary of Abu Dhabi National Energy Company (TAQA).

Al Qubaisi reportedly has more than 15 years of diversified experience in the investments and energy sectors.

Prior to this appointment, he served in management positions at Mubadala Investment Company, most recently as its vice president of Information Communication and Technology.

“I am excited to lead ADES amid an evolving landscape for Abu Dhabi’s energy efficiency sector. ADES will continue to build energy services offerings in the emirate, and further leverage our skills and expertise to enable commercial and industrial clients to realise sustainability ambitions. The team has laid the groundwork for significant growth, and I look forward to working with our clients to future-proof their facilities toward a net-zero future,” said Al Qubaisi.

ADES is tasked with retrofitting government and commercial buildings by identifying, sourcing and funding solutions that deliver reductions in water and electricity consumption.

“I am pleased to welcome Khalid onboard as CEO of ADES. His significant business experience, coupled with a solid track record in business development and stakeholder management across multiple industries, including the energy sector, will help him take ADES to the next level of growth and progress,” said Jasim Husain Thabet, TAQA’s group CEO and managing director.

“As revealed in TAQA’s 2030 Strategy for Sustainable and Profitable Growth, ADES is mandated to grow new services in demand-side management, enabling public and private entities to realise energy savings targets,” added Thabet.

TAQA Group reported a newt income of Dhs2.9bn for H1 2021. It reported group revenues of Dhs22.2bn, 11 per cent higher than the prior-year period. It said that its capital expenditure was Dhs2bn, 3 per cent lower than the prior year.