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UAE deal to buy UK power investor cleared with conditions around nuclear sub base

By Jon Menon ( March 14, 2025, 11:03 GMT | Insight) -- A United Arab Emirates company’s acquisition of British infrastructure company Transmission Investment has been cleared with conditions to protect the security of electricity connections near the home of the UK’s nuclear submarines in Scotland. The buyout by TAQA Transmission, part of the state-owned Abu Dhabi National Energy Company, was reviewed under the National Security and Investment Act.A United Arab Emirates company’s acquisition of British infrastructure company Transmission Investment has been cleared with conditions to protect the security of electricity connections near the home of the UK’s nuclear submarines in Scotland....

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