Dubai: Dubai Electricity and Water Authority (DEWA) reported record first-quarter financial results on Tuesday, driven by higher electricity and water demand, growth in clean energy generation and expanded infrastructure capacity. The Dubai utility posted consolidated revenue of Dh6.45 billion ($1.76 billion) for the first quarter of 2026, while net profit reached Dh940 million. Saeed Mohammed Al Tayer, Vice Chairman and MD & CEO of DEWA said, “DEWA delivered an exceptional start to 2026, achieving its highest-ever first-quarter revenue, EBITDA, operating profit and net profit. "Consolidated net profit for the first quarter increased by nearly 90 percent compared with the same period last year, while clean energy accounted for 18.5 percent of total power generated during the quarter.” Power, water output DEWA generated a record 11.09 terawatt-hours (TWh) of electricity during the quarter, up 5.65% year-on-year.…