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Monica_55905 Jan 18

Paradigm Shift | Altaaqa Global Energy Services

Paradigm Shift | Altaaqa Global Energy Services image
A close look at how Altaaqa Global Energy Services is progressively changing the energy landscape with upgraded power technologies and flexible project financing arrangements
 
When Altaaqa Global Energy Services relaunched the company in 2019, it aimed to effect change not only in itself, but also in the power industry. James Shepherd, Chief Executive Officer, reflects on the rebrand: “Our desire to continually serve the requirements of a rapidly changing power industry spurred our transformation. Our extensive experience with our clients from various industries, including mining, manufacturing, oil & gas, cement and utilities, served as our compass that led us to where we should strategically go.”
From exclusively offering reciprocating engines, Altaaqa Global has expanded its technologies to now include turbines and hybrid energy solutions. More importantly, it has now ventured into flexible short- and longer-term power contracts with tailored project financing arrangements, including build-own-operate-transfer or BOOT.