Tabreed, a leading district cooling company, has recorded solid results for the first nine months with its group revenue surging to AED1.87 billion ($509 million), thus reflecting the resilience of its fixed capacity revenues backed by long-term concession agreements.
Emirates Central Cooling Systems Corporation (Empower) has announced that it has awarded the excavation and foundation works contract for a new 47,000RT district cooling plant in Dubai Science Park. On completion, the key facility will serve nearly 80 mixed-use buildings within Dubai Science Park.
Tabreed, a leading district cooling company, has announced the successful raising of AED1.8 billion ($490.13 million) new bank debt to support its strategic growth initiatives and optimise its capital structure.
Emirates Central Cooling Systems Corporation (Empower) has announced that it has started work on its second district cooling plant in Jumeirah Village Circle, which on completion, will have a production capacity of 37,000 refrigeration tonnes (RT).
Emirates Central Cooling Systems Corporation (Empower), a district cooling services provider, and Yokogawa Electric discussed ways to strengthen cooperation between the two entities and explored prospects for future partnership in advanced district cooling solutions and technologies.
Tabreed, a global leader in energy-efficient district cooling and sustainable cooling infrastructure, has announced that it has signed up as a lead partner for the fourth edition of the Sustainability Forum Middle East (SFME), a major industry event being held this week in Bahrain.
Agility, a global leader in logistics and infrastructure, has signed an agreement with the UAE's Ministry of Energy and Infrastructure marking a significant step toward improving energy efficiency and enhancing the economic performance of data centres and district cooling systems in UAE.
