Dubai Electricity and Water Authority PJSC (DEWA) is a UAE-based utility services provider responsible for electricity generation, water desalination, and distribution throughout the Emirate of Dubai. DEWA operates a range of power generation plants, desalination stations, and infrastructure for water distribution, ensuring reliable supply to residents and businesses across the region.
The company is involved in multiple areas, including:
- Water Desalination and Distribution: Providing desalinated water to meet the growing demand for clean water in Dubai.
- Electricity Generation, Transmission, and Distribution: Operating a range of gas-fired power plants and leading the development of solar energy solutions.
Key Subsidiaries
- Al Etihad Energy Services Company LLC
- Etihad Clean Energy Development Company LLC
- Jumeirah Energy International Holdings LLC
- Jumeirah Energy International LLC
Power and Desalination Stations
- Jebel Ali Gas Power & Desalination Station G
- Jebel Ali Power & Desalination Station K
- Jebel Ali Power Desalination Station L
- Jebel Ali Power & Desalination Station M
- Jebel Ali Power and Desalination Complex
Historical Overview
DEWA was established in 1992 through the merger of Dubai Electricity Company and the Dubai Water Department. These organizations were founded in 1959 by Sheikh Rashid bin Saeed Al Maktoum to meet the increasing demand for essential utility services in Dubai. Over the years, DEWA has evolved to become a major player in both the UAE and the broader Middle East and is widely recognized for its commitment to sustainable energy solutions.
Renewable Energy and Sustainability
DEWA has significantly advanced renewable energy efforts in the UAE with the Mohammed bin Rashid Al Maktoum Solar Park, one of the world’s largest solar projects. The park is expected to generate 5 GW of solar power upon completion, making Dubai a global leader in solar energy. DEWA is also planning pumped-storage hydroelectricity in Hatta, contributing to the country’s sustainability and energy transition goals.
Planned Initial Public Offering (IPO)
DEWA has announced plans for an 18% IPO listed on the Dubai Financial Market (DFM), with an estimated value of $22.6 billion, making it one of the largest IPOs in the region.
Financial Performance
In 2022, DEWA reported a net profit of AED 8 billion, reflecting its continued growth and success in both traditional and renewable energy sectors.
Country of Incorporation
United Arab Emirates (UAE)
Incorporation Date
January 1, 1992
Business Sector
Utilities
Company Address
DEWA Head Office, Customer Happiness Center, Zaabeel East, Near Wafi Mall, Sheikh Rashid Road, Umm Hurair 2, P.O. Box 564, Dubai, UAE
