Emirates Central Cooling Systems Corporation PJSC
Emirates Central Cooling Systems Corporation provides district cooling services in the United Arab Emirates. The company operates through the Chilled Water and Pre-Insulated Pipe segments. It constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems; operates and maintains central cooling plants and related distribution networks; and distributes and sells chilled water for use in district cooling technologies. The company also offers pre-insulated pipes for district cooling services; air conditioning, ventilator, and refrigeration services; and repair and maintenance services. In addition, it engages in the installation and supply of air conditioning, ventilation, and air purification systems; and the provision of consultancy services for project development. The company was founded in 2003 and is headquartered in Dubai, United Arab Emirates. Emirates Central Cooling Systems Corporation is a subsidiary of Dubai Electricity and Water Authority (PJSC).
Investor Relations Officer
Chief Operations & Maintenance Officer and Acting Head of Project Management Office
Chief Commercial Officer
Chief Business Support Services Officer
Chief Executive Officer · Since Feb 20, 2004
Chief Operations and Maintenance Officer · Since Apr 30, 2010
Chief Commercial Officer · Since Jun 1, 2014
Chief Business Support Services Officer · Since Sep 1, 2019
Chief Financial Officer · Since Apr 1, 2010
Executive Director – Human Capital · Since Jun 10, 2019
Chief Sales & Marketing Officer
Chief Sales & Marketing Officer · Since Apr 3, 2005
Board of Directors Approves Final Dividend of AED 0.18 per Share for FY2025
Mar 15, 2026
EMPOWER Reports FY2025 Financial Results - Revenue AED 3.2 Billion, Net Income AED 487 Million
Mar 15, 2026
EMPOWER Q4 2025 Results - Revenue AED 892 Million, Operating Margin Improved to 19.2%
Mar 14, 2026
Notice of Annual General Meeting - Shareholder Approval Sought on Capital Allocation
Mar 1, 2026
EMPOWER Secures AED 1.8 Billion District Cooling Contract with Dubai Municipality
Nov 20, 2025
Related Party Transaction - Service Agreement with EMAAR Properties AED 420 Million Over 10 Years
Oct 8, 2025
Board Appointment - Mr. Ahmed Al Mansouri Appointed as Independent Non-Executive Director
Sep 12, 2025
Interim Dividend Declaration - AED 0.12 per Share Payable on September 15, 2025
Aug 19, 2025
H1 2025 Financial Results - Revenue AED 1.54 Billion, Net Profit AED 201 Million
Aug 19, 2025
EMPOWER Sustainability Report 2024 - Carbon Footprint Reduction of 12% Year-over-Year
Jul 22, 2025
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Moderate
8-factor live score
0/100
Low Risk
1 positive · 0 negative · 1 posts
55/100
Caution: M-Score elevated
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| Company | Market cap (USD) | Dividend yield | Governance | Shariah |
|---|---|---|---|---|
| Emirates Central Cooling Systems Corporation PJSC (EMPOWER) | $4.3B | — | 40(D) | — |
| National Central Cooling Co. (P.S.C.) (Tabreed) (TABREED · DFM) | $2.1B | — | 54(D) | — |
| ACWA Power (2082 · TDWL) | $9.2B | — | 35(D) | — |
| Saudi Energy Co. (5110 · TDWL) | $5.1B | — | 45(D) | — |
| MARGUN ENERJI URETIM SANAYI VE TICARET A.S. (MAGEN · BIST) | $4.6B | — | — | — |
| Nebras Energy (QEWS · QSE) | $4.4B | — | 29(F) | — |
Auto-generated peer set — same GICS sector, comparable market-cap band. Governance score is the unified 8-factor model (independence, board size, CEO/chair separation, attendance, auditor, credentials, committees, pay transparency). Shariah uses AAOIFI Standard No. 21. View all 64 sector peers.
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