Empower
Growth Score40DXBi Rank183Heat Score90Emirates Central Cooling Systems Corporation PJSC
The world's largest district cooling services provider, powering Dubai's sustainable urban development.
Media
Preview imagery published alongside each story, linking back to the original.
Empower to Supply Over 17,500 RT to City Walk Phase 3, Verve Building
Empower Records Historic Financial Performance with Unprecedented Net Profit
Empower Achieves Record Revenue and Profit in 2025, Boosting Dubai's [growth]
DEWA Increases Ownership Stake in Empower to 80%
Empower debuts listing and trading of its shares on the Dubai Financial Market
Empower rings market opening bell at DFM
Overview
Growth Score
Steady
Heat Score
Trending up
Details
- Operating Status
- Active
- Company Type
- Public (DFM-listed); joint venture originally formed by DEWA and TECOM (Dubai Holding)
- Headquarters
- One Central, Dubai World Trade Centre, Dubai, UAE
- Founded
- 2003
- Company Size
- 1000+ employees
- Revenue
- AED 3.4 billion (FY2025 reported revenue, ~USD 930 million)
- Website
- empower.ae
Stock listing
Dubai Financial Market (DFM): EMPOWER
Products & Services
District Cooling Services (Chilled Water Distribution)
Core service — design, build, operate and maintain central cooling plants and chilled-water distribution networks supplying commercial and residential buildings across Dubai; Empower is described as the world's largest district cooling provider by connected capacity (~1.7 million RT connected, ~2.0 million RT contracted, 1,747 buildings served as of end-2025).
Pre-Insulated Pipes (manufacturing)
Manufacturing and installation of pre-insulated piping systems used in district cooling network infrastructure.
AC & Ventilation Installation / Refrigeration Services
Installation, repair and maintenance of air-conditioning, ventilation and refrigeration systems.
Project Development Consulting
Consulting services supporting district cooling project planning and development for developers.
People
Technology
No technology or web presence data on file yet.
Financials
$3.6B
Valuation
Dubai Financial Market (DFM): EMPOWER
Stock
Funding rounds
Projects
DEWA Increases Ownership Stake in Empower to 80%
Dubai Electricity and Water Authority (DEWA) acquired the entire 24% stake in Empower (Emirates Central Cooling Systems Corporation) previously held by Emirates Power Investment LLC (EPI, a Dubai Holding-controlled entity), for AED 5.184 billion (~US$1.41 billion / AED 2.16 per share for ~2.4 billion shares), raising DEWA's ownership from 56% to 80%. Shares transferred via Dubai Central Securities Depository; Empower remains an independently listed public company on the DFM.
$1.4B
Feb 10, 2026
Empower–Meraas District Cooling Agreement for City Walk Phase 3 and Verve
Empower signed a district cooling supply agreement with Meraas (a Dubai Holding subsidiary) to provide over 17,500 refrigeration tons (RT) of cooling capacity to the City Walk Phase 3 development and the Verve building in Dubai. CEO Ahmad Bin Shafar said the deal supports portfolio diversification and Dubai's carbon-reduction goals.
Mar 30, 2026
Al Sufouh 2 District Cooling Plant – Excavation & Foundation Contract
Empower awarded a contract for excavation and foundation works on a new district cooling plant in the Al Sufouh 2 area with 23,400 RT of cooling capacity, the first of three planned plant rooms for the area, to serve mixed-use commercial, residential, hospitality and educational developments.
Feb 10, 2026
Similar Companies
Official Channels
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Press & Announcements
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