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July 03, 2015 6:51 PM ET

Water Utilities

Company Overview of Emirates Central Cooling Systems Corporation

Company Overview

Emirates Central Cooling Systems Corporation provides district cooling services to developments in Dubai and the surrounding region. The company was founded in 2003 and is based in Dubai, United Arab Emirates.

Dubai Healthcare City

Building #A/P 33

2nd Floor

Dubai,  

United Arab Emirates

Founded in 2003

Phone:

9714 375 5555

Fax:

9714 375 5500

Key Executives for Emirates Central Cooling Systems Corporation

Chief Executive Officer
Chief Financial Officer
Chief Operations & Maintenance Officer
Chief Project Management Officer
Director of Administration
Compensation as of Fiscal Year 2015.

Emirates Central Cooling Systems Corporation Key Developments

Empower Reports Earnings Results for the Year Ended December 31, 2014

Empower reported earnings results for the year ended December 31, 2014. For the year, the company’s net profit reached AED 410 million marking a 65% increase over 2013. Total revenues reached AED 1.50 billion, a 76% increase year-on-year. Revenue growth for the company includes the first full year of operations following the acquisition of Palm District Cooling (PDC).

Emirates Considers Acquisition In Dubai And Abu Dhabi

Emirates Central Cooling Systems Corporation is considering two acquisitions in Dubai and Abu Dhabi, Emirates Chief Executive Officer Ahmad Bin Shafar said.

EMPOWER In Discussion For An Acquisition

Emirates Central Cooling Systems Corporation (EMPOWER) is in discussions for an acquisition. EMPOWER plans acquisition and expansion of its existing plants aiming at increasing capacity to its operations in Dubai, Ahmad bin Shafar, Chief Executive Officer, said, without revealing any further details regarding the acquisition. He said, we are working towards a new acquisition, but this is still not concrete. We are still in discussions. It might be any time before the first quarter of 2015.

Similar Private Companies By Industry

Company Name Region
Ruwais Power Company PJSC Middle East/Africa
Palm District Cooling LLC Middle East/Africa
Metito Holdings Limited Middle East/Africa
Septech Emirates, LLC. Middle East/Africa
RAK Watertech LLC Middle East/Africa

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