Abu Dhabi National Energy Company PJSC (ADX:TAQA) is planning an initial public offering of Jorf Lasfar Energy Company, according to five people with knowledge of the matter. TAQA met with Attijariwafa Bank, Banque Centrale Populaire and Societe Generale SA on the potential AED 1.7 billion listing in August 2013, two of the people said, asking not to be identified because the information is not public. TAQA also spoke to Moroccan regulators on its plans for the IPO of the Jorf Lasfar, without giving a time frame for the sale, the people said.

Taqa, A spokesman for TAQA, declined to comment. An official at Banque Centrale and a spokeswoman for Societe Generale also declined to comment. Ismail Douiri, co-Chief Executive Officer of Attijariwafa, didn't immediately respond to e-mails.