The Dubai Electricity and Water Authority (Dewa) and the Dubai Municipality inked a 35-year power purchase agreement with the Dubai Waste Management Center, according to a statement (pdf). The energy purchased by the waste-to-energy center will be used to power the Warsan Wastewater Treatment Plant. Dewa also purchased the energy produced by the 132 Kv Warsan substation, the statement notes. Financial details have not been disclosed.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

• Morocco-based early-stage VC firm UM6P Ventures is eyeing deeptech investment in areas including climate tech and agriculture with the Israeli market being of particular interest. (Reuters)