DEWAA – Dubai Electricity and Water Authority PJSC

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Recommendation Rating

2.57

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5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.77

Low: 0.67

High: 0.9

Total Analysts: 7

Company Profile

Dubai Electricity and Water Authority PJSC is a United Arab Emirates-based utility services provider. The Company distributes electricity and water and serves residential and commercial customers in the United Arab Emirates. The principal activities of the Company comprise water desalination, and distribution and the generation, transmission, and distribution of the electricity throughout the emirates of Dubai. The Company’s power generation and desalination stations include Jebel Ali Gas Power & Desalination Station E; Jebel Ali Gas Power & Desalination Station G; Jebel Ali Power & Desalination Station K; Jebel Ali Power Desalination Station L; Jebel Ali Power & Desalination Station M, and Jebel Ali Power and Desalination Complex, among others. The Company’s subsidiaries include Al Ethihad Energy Services Company LLC, Jumeriah Energy International Holding LLC, and Mai Dubai LLC, among others.

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