DEWA raises stake in Empower to 80% with $1.4 billion transaction

About this update from Emirates Central Cooling Systems Corporation Pjsc

Dubai Electricity and Water Authority PJSC DFM:DEWA:DUBAI ELECTRICITY AND WATER SERVICES PROVIDER DEWA INCREASES OWNERSHIP IN EMPOWER TO 80% IN TRANSACTION WORTH 5.184 BILLION DIRHAMS ($1.41 billion) -STATEMENTTRANSACTION SEES TRANSFER OF DUBAI HOLDING'S FULL STAKE IN EMPOWER TO DEWA -STATEMENT($1 = 3.6728 UAE dirham)

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