Dewa, RWE Tech set up JV

DUBAI - The Dubai Electricity and Water Authority, or Dewa, on Monday entered into a joint venture with RWE Technology to develop the leading service company for energy consulting in the region.

By (Staff Report)

Published: Tue 23 Oct 2012, 10:26 PM

Last updated: Tue 7 Apr 2015, 2:49 PM

Dewa CEO and managing director Saeed Mohammed Al Tayer, RWE executive board member Leonhard Birnbaum and RWE Technology managing director Michael Fubi signed the agreement on the sidelines of the World Energy Forum yesterday.

RWE Technology, a company within the RWE Group, will provide its expertise as an international project and engineering specialist in the power plant sector. Its capabilities include project management and implementation, international sourcing of major components, and quality assurance.

“We are convinced that RWE Technology is the right partner on whom we can rely in all fields of consulting services, including energy and the environment, to provide our mutual expertise in the Middle East,” Al Tayer said. He said business potential between Dewa and RWE has endless possibilities, whether in sharing operational expertise, or developing innovative technologies to emphasise the significance of international public private partnerships.

“With its strong and stable economy, Dubai in particular is in a position to set standards in energy supply,” he said.

Fubi said the new company will offer comprehensive energy consulting services not only to energy suppliers in the region, but also to energy related projects in the oil and gas sector; the steel, chemical, aluminium and cement industries; government authorities; and private investors and developers.

“The Middle East and also North Africa are interesting markets for our external business. We see major advantages in developing these markets with the help of the Dewa.”

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