ADWEA was established by the Government in order to undertake the privatisation of the electricity and water sector in the Emirate. In order to fulfill its goals it is tasked with formulating policy in relation to the management of supply and demand of power and water in the Emirate, appointing the management of ADWEC and Transco, and managing the tendering of contracts to the private sector to supply power and water.
ENGIE is a global energy and services group, focused on three core activities : low-carbon power generation, mainly based on natural gas and renewable energy; global networks and customer solutions. ENGIE take up major global challenges such as the fight against global warming, access to energy to all, or mobility and offer energy production solutions to residential customers, businesses and communities services that reconcile individual and collective interests.
JERA Co., Inc. (“JERA”) was established on April 30, 2015 based on the comprehensive alliance entered into between Tokyo Electric Power Company (since renamed and referred to herein as “TEPCO”) and Chubu Electric Power Company (“Chubu”) encompassing the entire energy supply chain from upstream fuel investment and fuel procurement through power generation. In July 2016, JERA succeeded its parent companies’ fuel business and the overseas power generation business, and aims to become one of the world’s leading energy firms.