UAE Equity Research - Dubai Electricity and Water Authority (DEWA) 2Q26 - First Look Note
DEWA expanded its customer base by 18,220 accounts during the 2Q26, taking its total customer base to a record 1.36 Mn accounts. Installed generation capacity stood at 17,979 MW as of June 2026, of which 3,860 MW was sourced from clean energy, representing 21.5% of the energy mix.
