Deals Counterparts

Emirates Water and Electricity Company (EWEC)

company

Emirates Water and Electricity Company (EWEC) is a leading procurer of water and electricity in the UAE, primarily serving Abu Dhabi. It is responsible for forecasting, purchasing, and supplying water and electricity to distribution companies. EWEC's strategy focuses on ensuring security of supply, driving efficiency, and decarbonizing the energy sector through the procurement of advanced technologies, including large-scale solar PV and reverse osmosis desalination projects.

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Founded 2018 Parent: Abu Dhabi Power Corporation (ADPC)
UtilityOfftakerDeveloperGovernment

Strategic Overview

  • Committed to decarbonizing the power and water sector in Abu Dhabi and parts of the UAE.
  • Focuses on procuring large-scale, cost-effective solar PV and advanced reverse osmosis desalination projects.
  • Aims to ensure security of supply and drive efficiency through competitive procurement processes.
  • Plays a critical role in the UAE's energy transition strategy by integrating renewable and low-carbon technologies.

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Key People

Jasim Husain Thabet
Chairman
Othman Al Ali
Chief Executive Officer & Managing Director

Track Record

18,500
MW Total
15
Deals Completed
6
Years Active
Notable projects: Al Dhafra Solar PV, Taweelah Reverse Osmosis (RO) IWP, Shuweihat S4 Reverse Osmosis (RO) IWP, Fujairah F3 IPP

Detailed Analysis

Technologies
Solar PVDesalination (Reverse Osmosis)Gas-fired PowerNuclear PowerTransmission
Sectors
UtilitiesEnergy Transition
Geographies
United Arab Emirates
Deal Stage
GreenfieldOperating
Deal Structure
IPP (Independent Power Producer)IWPP (Independent Water and Power Producer)PPA (Power Purchase Agreement)WPA (Water Purchase Agreement)

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