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Empower records historic financial performance with unprecedented net profits of AED 1.0bln

By District Energy posted 2 hours ago

  

Zawya

Summary

Emirates Central Cooling Systems Corporation,  the world's largest district cooling services provider, announced its financial results for the fiscal year 2025. The company recorded a historic annual revenue of AED 3.419 billion, with an impressive growth of 4.9% YoY growth compared to 2024, and a net profit of AED 1.004 billion, reflecting a 10.5% YoY growth compared to 2024.
 
Empower has also delivered exceptional performance in its operations in 2025, with the total connected capacity reaching about 1.7 million refrigeration tons (RT), strengthening its position as the world’s largest district cooling services provider in terms of connected capacity. Empower’s total contracted capacity increased by 11% compared to 2024, reaching approximately 2 million RT after signing 186 new contracts during the year.
 
H.E. Ahmad Bin Shafar, CEO of Empower, commented that the record results achieved by Empower in 2025 underscore the strength of its business model and the effectiveness of its long-term strategy, built on disciplined expansion, operational efficiency, and a strong commitment to sustainability and governance. Sustained growth in revenues and profits, alongside the continued expansion of its project portfolio and infrastructure, has reinforced Empower’s position as a key partner in supporting Dubai’s sustainable urban development and as a global leader in providing energy-efficient district cooling solutions.
 
“We continue to strengthen our infrastructure readiness to meet the growing demand, through investments in advanced technologies and digital transformation. These efforts contribute to improved energy efficiency, reduced carbon emissions, and support Dubai’s long-term sustainability objectives. These achievements reaffirm our commitment to delivering sustainable value to shareholders, strengthening customer trust, and contributing to the development of more efficient and resilient cities, enhancing quality of life for present and future generations,” he added.

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