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DEWA Funding Limited

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Organization name
DEWA Funding Limited.
Country name
United Arab Emirates
Country of registration
Cayman Islands
Industry
Power
Public debt
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Profile

DEWA Funding Limited is a special purpose vehicle (SPV) incorporated in the Cayman Islands, established to issue Sukuk (Islamic trust certificates) and other debt instruments on behalf of Dubai Electricity and Water Authority (DEWA) - the government-owned utility provider responsible for electricity and water supply in the Emirate of Dubai . The issuer operates under an Ijara structure, where investor returns are derived from lease payments made by DEWA under long-term lease agreements for assets held in trust.

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