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acquisitionAnnounced · Feb 10, 2026UtilitySource · CredibleArticle · Factual
Emirates Central Cooling Systems Corporation
Dubai Electricity and Water Authority
Emirates Central Cooling Systems Corporation · Dubai Electricity and Water Authority

Dubai Electricity and Water Authority acquires Emirates Central Cooling Systems Corporation

David Najork
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
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Deal value
$1.4B
Target
Emirates Central Cooling Systems Corporation
Emirates Central Cooling Systems Corporation
DFM:EMPOWER
Acquirer
Dubai Electricity and Water Authority
Dubai Electricity and Water Authority
Financial Stake
Status
Completed

Dubai Electricity and Water Authority agreed to acquire Emirates Central Cooling Systems Corporation. Reported deal value: $1.4B. Status: Completed. Sector: Utility. Target headquarters context: Location not specified.

This page summarizes publicly available information about the transaction as of 2026-02-10. Figures and status may change as filings and press coverage update.

Add as a preferred source on Google DEWA increases ownership in Empower to 80 % after Dubai Holding stake transfer Dubai Electricity and Water Authority has increased its ownership in Emirates Central Cooling Systems Corporation from 56 % to 80 % after acquiring Dubai Holding entire stake for Dh5.18 4 billion

Deal timeline

Announced
Feb 10, 2026 · gulfnews.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Utility with a reported deal value of $1.4B. Figures and status may change as sources update.

Sources: gulfnews.com · Primary article · FireStrike proprietary index