District Cooling utility company announces posting record profit of AED 1.001 billion, and a proposed dividend of AED 425 million

Posted: February 14, 2023

H.E. Ahmad Bin Shafar, CEO, leads a high-level delegation to the twin events

Posted: February 8, 2023

District Cooling utility provider briefs them on operations of its new systems in District Cooling

Posted: February 1, 2023

Speaks of enhancing the role of women in driving economic development through the District cooling industry

Posted: January 12, 2023

DUBAI, UAE, 9 November 2022: Emirates Central Cooling Systems Corporation PJSC (Empower) said that following the successful completion of the bookbuild and public subscription process for its initial public offering (IPO), it has set the final offer price for its IPO at AED 1.33 per share, at the top of the price range. According to […]

Posted: November 9, 2022

DUBAI, UAE, 8 November 2022: Emirates Central Cooling Systems Corporation PJSC (Empower) today announced that following approval from the Securities and Commodities Authority (SCA), Dubai Electricity and Water Authority PJSC (DEWA) and Emirates Power Investment LLC (Emirates Power), an indirectly wholly owned subsidiary of Dubai Holding LLC (Dubai Holding), together the Selling Shareholders, have exercised […]

Posted: November 8, 2022

DUBAI, UAE, 4 November 2022: Emirates Central Cooling Systems Corporation (Empower) said that following approval from the Securities and Commodities Authority (SCA), Dubai Electricity and Water Authority PJSC (DEWA) and Emirates Power Investment LLC (Emirates Power), an indirectly wholly owned subsidiary of Dubai Holding LLC (Dubai Holding), together the Selling Shareholders, have exercised their right […]

Posted: November 4, 2022

DUBAI, UAE, 1 November 2022: Emirates Central Cooling Systems Corporation PJSC (Empower) announced that following approval from the SCA, Dubai Electricity and Water Authority PJSC (DEWA) and Emirates Power Investment LLC (Emirates Power), an indirectly wholly owned subsidiary of Dubai Holding LLC – together the “Selling Shareholders” – have exercised their right to increase the […]

Posted: November 1, 2022

DUBAI, UAE, 31 October 2022: Emirates Central Cooling Systems Corporation PJSC (Empower) announced through a Press release the price range and start of the subscription period for its initial public offering (IPO) on the Dubai Financial Market (DFM).   H.E. Ahmad Bin Shafar, CEO, Empower, said: “Empower has a proud history of pioneering sustainable cooling technology […]

Posted: October 31, 2022

Says it has posted robust growth of 41.3% in the number of buildings using District Cooling over the last five years

Posted: August 30, 2022