About Empower
Emirates Central Cooling Systems Corporation (EMPOWER) was founded in 2003 and operates in the district cooling sector within Dubai, United Arab Emirates. Cooling energy is provided to multiple utility sites, including Dubai Technology and Media Free Zone, Al Khail Gate Business Bay Executive Towers, Dubai World Trade Centre, Dubai International Financial Centre, and Dubai Health Care City. Online services are available for customers to view prices and settle bills.
- Headquarter Dubai, United Arab Emirates
- SectorsEnergy & Utilities
- Website category Finance · Financial Planning and Management
- Email••••••••
- Phone•••• ••••
- Website empower.ae
- Social LinkedIn
- Legal Name Emirates Central Cooling Systems Corporation Pjsc
- Annual Revenue$3.42 B4.87as on Dec 31, 2025
- Net Profit$993.3 M10.77as on Dec 31, 2025
- EBITDA$1.57 B5.49as on Dec 31, 2025
- Latest Funding Round$410M (USD), Debt – Conventional
Feb 2019
- InvestorsStandard Chartered
& 4 more
Funding Insights of Empower
- Total Rounds 1
- Last Round Debt – Conventional — $410M
- First Round $410M
(Feb 2019)
- Investors Count 5
All 1 funding rounds of Empower with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2019 | $410M | Debt – Conventional | – | – |
5 investors in total: 5 institutional.
Investors in Empower
Empower has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Standard Chartered, Emirates NBD and Citi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial services are provided by Citi through various offerings. | – | citibank.com | - | |
Commercial banking services are provided to individuals and corporates. | 1963 | emiratesnbd.com | Dubai, United Arab Emirates | |
Corporate, investment, wealth, and retail banking services are provided globally. | 1953 | sc.com | London, United Kingdom | |
Commercial banking services are offered to individuals and businesses internationally. | – | mashreqbank.com | Dubai, United Arab Emirates | |
Financial services including Islamic banking are offered in Saudi Arabia. | – | samba.com | Riyadh, Saudi Arabia |
Investor details for Empower
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
IPO & Listings of Empower
Empower is a publicly listed company on the DFM with ticker symbol EMPOWER in UAE, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date15 Nov 2022
- Listed onDFM: EMPOWER
- Listed entityEmirates Central Cooling Systems Corporation PJSC
- Exchange sectorUtilities
- ISINAEE01134E227
- Share price1.54 AED (-0.64% on the day) · 2026-10-09
- Market capitalisation15,550,000,668.00 AED
- Price to earnings14.6
- EPS (diluted, trailing year)0.11 AED
- Dividend yield5.63%
- Volume (last session)1,802,050
Financials of Empower
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 3.42B AED | 993.3M AED | 1.57B AED |
| 2024 | 3.26B AED | 896.8M AED | 1.49B AED |
| 2023 | 3.04B AED | 952.9M AED | 1.43B AED |
| 2022 | 2.79B AED | 1.00B AED | 1.34B AED |
| 2021 | 2.46B AED | 935.9M AED | 1.20B AED |
Detailed financial statements for Empower
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Empower
3 dated milestones of Empower across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Empower is founded.
- Funding First funding round of $410.0M.
- IPO Lists on the stock exchange (IPO).
Web traffic of Empower
The website of Empower (empower.ae) receives about 149.1K visits a month and ranks #194,521 among all websites worldwide, #2,681 in Financial Planning and Management.
- Monthly visits149.1K
▼ 0.5% vs previous month
- Unique visitors55.4K
per month
- Global rank#194,521
among all websites
- Category rank#2,681
Finance · Financial Planning and Management
- Bounce rate25%
- Pages per visit5.8
- Average visit2 min 42 sec
- DevicesDesktop 48% · Mobile 52%
Websites whose visitors overlap most with Empower. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| zawya.com | 100% | 562.7K | #105,334 | View details | |
emicool.net | emicool.net | 98% | – | – | – |
empowerins.com | empowerins.com | 74% | – | #365,091 | – |
| empowerweb.org | 64% | – | #1,541,305 | View details | |
| dfm.ae | 57% | 451K | #118,071 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Empower
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 10 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Empower
Complete news archive for Empower
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Empower
10 companies that operate in the same segment as Empower (Utilities & Public Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric power is generated and distributed across Saudi Arabia. | 2000 | Riyadh, Saudi Arabia | – | – | 28,414 | |
Integrated solutions for energy generation and sustainability are provided. | 1992 | Bilbao, Basque Autonomous Community, Spain | – | USD 51.63 B | 42,250 | |
Clean energy solutions for generation, retail, and heating are provided. | 1998 | Espoo, Finland | – | USD 5.86 B | 4,470 | |
Energy corporation | 2000 | Sydney, New South Wales, Australia | – | USD 10.63 B | 5,000 | |
Renewable energy production and supply services are provided by EnBW. | 1997 | Karlsruhe, Baden-wurttemberg, Germany | – | USD 40.41 B | 30,390 | |
Electricity generation and distribution are provided in eastern India. | 1879 | Kolkata, West Bengal, India | – | USD 1.98 B | 5,690 | |
Power is generated, transmitted, and distributed across Parana, Brazil. | 1954 | Curitiba, Parana, Brazil | – | USD 3.66 B | 4,400 | |
Electricity utilities are operated across Indonesia by PLN since 1945. | 1945 | Jakarta, Jakarta, Indonesia | – | – | – | |
Electrical products and services are distributed globally by Rexel. | 1967 | Paris, France | – | USD 22.81 B | 27,030 | |
Avista Utilities is engaged in providing energy services. | 1889 | Spokane, Washington, United States | USD 7.5 M | – | – |
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Frequently Asked Questions about Empower
Empower was founded in 2003 and raised its 1st funding round 16 years after it was founded.
Empower is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Emirates Central Cooling Systems Corporation (EMPOWER) was founded in 2003 and operates in the district cooling sector within Dubai, United Arab Emirates. Cooling energy is provided to multiple utility sites, including Dubai Technology and Media Free Zone, Al Khail Gate Business Bay Executive Towers, Dubai World Trade Centre, Dubai International Financial Centre, and Dubai Health Care City. Online services are available for customers to view prices and settle bills.
Yes, Empower is publicly traded on DFM under the ticker symbol EMPOWER.
Empower has 5 investors. Key investors include Standard Chartered, Emirates NBD, Citi, Mashreq Bank, and Samba.
The website of Empower receives about 149 thousand visits a month and ranks #194,521 among all websites worldwide.