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CCME.NEWS, covering the regional and global HVACR industry with an unwavering commitment to providing in-depth news and analyses on policy, business and technology

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Posts related to: Empower

Empower IPO: Company announces further increase in offer size, from 15% to 20%

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

Empower announces increase in offer size of IPO to 15%

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

Empower announces offer price range for IPO

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

Empower wins two golds at IDEA 2022

Earns the twin honours in the categories, ‘Number of Buildings Committed’ and 'Total Building Area Committed' to District Cooling

Posted: June 15, 2022