Revenue jumps 5.5% to $704.1mn and EBITDA to $318.3mn as the district cooling company signs 52 new contracts in Q3 for 56,000RT
Emirates Central Cooling Systems Corporation
Latest in Emirates Central Cooling Systems Corporation
district cooling
Empower and Yokogawa to deepen ties in advancing district cooling systems
Japan’s Yokogawa is a global leader in industrial automation and digital transformation, with more than 110 years of experience
district cooling
Empower approves over 23,000 NOC applications during H1 2025
The growth not only highlights the growing demand for the company’s services, but also its strong relationships with clients
district cooling
Empower to build new district cooling plant at Dubai Science Park
The facility will have a total production capacity of 47,000 Refrigeration Tons (RT) and will serve nearly 80 mixed-use buildings in the community
district cooling
Empower reports 7.1% growth fueled by rising Dubai real estate occupancy levels in H1 2025
During the first half of the year, the company also signed 86 new contracts to supply cooling to various real estate projects across Dubai
Emirates Central Cooling Systems Corporation
Empower to provide district cooling services to Dubai’s Palm Gateway project
Service is expected to begin in the second quarter of 2026, Will provide 9,470 refrigeration tons cooling to the project
district cooling service
Empower signs pact with Wasl Group to provide cooling services to The Island project
The supply of its high-quality cooling energy to The Island project is expected to commence in Q1 2028
district cooling business
Empower signs agreement with Mitsubishi for 18 advanced chillers
Order could be increased to 100,000 RT capacity; Will serve new projects in Deira Waterfront, Jumeirah Village and Al Sufouh
Deira Enrichment Project
Empower starts constructing Deira Waterfront district cooling plant
The new plant, with a total capacity of 39,000 RT, will be built in two phases; the first phase will become operational in June 2025
district cooling
Empower’s Bin Shafar re-elected to the Board of Directors of IDEA
The US-based International District Energy Association has over 2,500 members from 30 countries
Dubai
Empower to provide district cooling services to Al Habtoor Tower
The world’s largest residential tower will have 1,701 residential units and Empower will supply 7,200 RTs to the project
Dubai
Empower to provide district cooling to the iconic Al Wasl Tower
To be connected in two phases, it will supply a total of 3,900 RT of environment-friendly district cooling energy
Emirates Central Cooling Systems Corporation
Empower says cooling services consumption up 54% in last five years
Attributes it to high occupancy rates in existing real estate projects and a significant increase in the new mixed-use projects in its portfolio
cooling service provider
Empower urges Dubai to set ACs to 24°C and auto mode this summer
The district cooling company launches ‘Set and Save 24°C’ campaign to prevent energy wastage and heavy consumption
DEWA
Dubai’s Empower increases IPO offer size to 15% stake
DEWA and EPI-owned company will become the fourth government entity to be listed on Dubai Financial Market; Subscription opens on October 31
Ahmad Bin Shafar
Empower awards contract worth $52.5 million for the construction of a district cooling plant in Dubai
Phase 1 of the plant will provide 23,500 refrigeration tonnes (RT) of environmentally-friendly district cooling services to the the Dubai Land Residence Complex (DLRC) region
district cooling business
Dubai plans to list district cooling firm Empower in IPO push
Government has already announced plans to sell shares in its main utility Dubai Electricity & Water Authority and the Salik road toll-collection system
