Monday 20 May 2013
 
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Dubai Electricity and Water Authority

Dewa says no sukuk issues before 2015

Dubai Electricity and Water Authority (Dewa) is not expecting to issue more Islamic bonds before 2015 if electricity demand growth in the emirate remains steady, its chief executive said on Wednesday. "According to cash flow,

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Dewa says no sukuk issues before 2015

Dubai Electricity and Water Authority (Dewa) is not expecting to issue more Islamic bonds before 2015 if electricity demand growth in the emirate remains steady, its chief executive said on Wednesday. "According to cash flow,

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Dewa awards $15.6m water contract

State utility Dubai Electricity and Water Authority (Dewa) has awarded a Dh57.5 million ($15.6 million) contract for a major water transmission network at Palm Jumeirah in the emirate, said a report. The contract is part of Dewa&#

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Dewa inks energy consultancy JV

Dubai Electricity and Water Authority (Dewa) has joined hands with RWE Technology, one of Europe’s leading engineering and project management companies, to set up a new company that will offer comprehensive energy consulting service in the

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Dewa plans to raise $1.23bn in 2013

Dubai Electricity and Water Authority (DEWA) plans to raise Dh4.5 billion ($1.23 billion) in debt next year, the state-owned utility's chief executive said on Tuesday. Dewa, which was recently upgraded to investment-grade by r

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Dubai to get first eco-friendly govt building

The construction work on the Dubai Electricity and Water Authority (Dewa) building, the first government facility to be built as per highest green building standards, is moving at a fast pace and will be completed soon, said senior officials.

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Dewa rules out bond issue this year

Dubai Electricity and Water Authority (Dewa) has no plans to tap bond markets in 2012 and the state utility will repay a 1.2 billion dirhams ($326.7 million) securitisation maturity this year ahead of time, its top executive said. 'The

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Dubai extends power plant bid date to Dec 12

Dubai Electricity and Water Authority (Dewa) said it has extended the deadline for bids to build its first Independent Power Project (IPP) from mid October to December 12 on the request of the prospective developers. "Dewa has receive

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Dubai to double coal power plant size

Dubai Electricity and Water Authority (Dewa) has doubled the size of its planned coal-fired power plant, Dewa's chief executive said on Wednesday, dismissing summer power shortage fears over the next few years. Rising demand for electr

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Dewa gets lowest investment grade rating

Dubai Electricity and Water Authority (Dewa), the monopoly state utility, has received the lowest investment grade rating of 'BBB-' from Standard & Poor's. The ratings agency said Dewa has been given the lowest investment g

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