DEWA Sets New Energy Benchmark in 2025, Surpassing 10 TWh of Clean Power and Achieving Record Financial Performance

Dubai Electricity and Water Authority (DEWA) has announced its preliminary and unaudited consolidated financial results for the full year 2025, reporting its strongest financial and operational performance to date. The Group recorded consolidated revenue of AED32.84 billion, EBITDA of AED17.37 billion, and net profit after tax of AED9.09 billion, reflecting robust demand growth, improved efficiency, and continued expansion in clean energy generation.

Revenue increased by 6.02 percent year-on-year, supported by higher demand for electricity, water, and district cooling services, while profit after tax surged by 25.66 percent compared to 2024. DEWA’s profit after tax covered the annual dividend of AED6.2 billion by around 1.46 times, reinforcing its strong dividend sustainability.

Saeed Mohammed Al Tayer, Managing Director and Chief Executive Officer of DEWA, said the results highlight the Group’s commitment to operational excellence, sustainability, and supporting Dubai’s long-term development goals. He noted that 2025 marked DEWA’s highest-ever performance across key financial and operational metrics, including power generation, clean energy production, desalinated water output, and peak demand. Clean power generation exceeded 10 terawatt-hours for the first time, supporting the UAE’s Net Zero 2050 vision.

During 2025, DEWA generated 62.21 terawatt-hours of electricity, representing a 5.10 percent increase from the previous year. Clean energy generation reached 10.10 terawatt-hours, up 52.38 percent, accounting for 16.23 percent of total electricity output. Peak power demand rose by 5.83 percent to 11.39 gigawatts.

Desalinated water demand increased by 6.62 percent year-on-year to a record 161.505 billion imperial gallons, with daily peak demand reaching 487 million imperial gallons. Customer accounts rose by 4.48 percent to 1,327,182, with 56,897 new connections added during the year.

In the fourth quarter of 2025, DEWA generated 14.24 terawatt-hours of electricity, including 2.18 terawatt-hours of clean energy, reflecting a 38.35 percent annual increase. Quarterly desalinated water demand reached 40.55 billion imperial gallons, while 17,823 new customer accounts were registered.

Total Group investments stood at AED11.72 billion in 2025, primarily directed towards renewable energy projects, desalination facilities, and transmission and distribution infrastructure. Installed power generation capacity increased by 4.66 percent to 17,979 megawatts, including 3,860 megawatts from clean energy sources.

Looking ahead, DEWA aims to exceed 23 gigawatts of installed power generation capacity by 2030, with renewable sources contributing approximately 8.3 gigawatts, or 36.1 percent of the total. Desalinated water production capacity is projected to reach 735 million imperial gallons per day, including 308 million powered by renewable energy using seawater reverse osmosis technology.

Under its dividend policy, DEWA expects to distribute a minimum annual dividend of AED6.2 billion during the first five years from October 2022, with semi-annual payments scheduled in April and October. The company paid AED3.1 billion in dividends for the first half of 2025 on 29 October 2025, while dividends for the second half are expected in April 2026, subject to shareholder approval.