National Central Cooling Company

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Recent Articles

• Power shortages could hit booming industry29 September 2008

  District cooling investment to rise to $30bn but fears voiced over power supplies.

• Japan firm interested in district cooling sale25 September 2008

  District cooling company with $817mn Metro contract looks to sell off some of its plants.

• Tabreed sells assets to fund expansion29 June 2008

  UAE air conditioning firm restructures to finance new utilities, may sell up to 7 plants each year.

• Tabreed targets loan for regional expansion22 December 2007

  The UAE-based district cooling firm Tabreed is looking to set up a US $272 million (AED 998 million) syndicated loan to help finance its regional expansion programme.

• IDEA appoints executive director from Tabreed7 December 2007

  The International District Energy Association (IDEA) has appointed Tabreed's PR and communications manager, Rita Chahoud, as its executive director in the region.

• Change at the top for Tabreed10 September 2007

  District cooling provider Tabreed has made a change to its management team with the appointment of Karl Marietta as deputy CEO, adding to his current post of vice president, administration and finance.

• Tabreed announces rise in profit1 September 2007

  National Central Cooling Company, Tabreed, has announced a 14% increase in operational profits for the first half of 2007.

• Aldar contract wins for Tabreed15 July 2007

  District cooling firm Tabreed will provide one million tonnes of refrigeration to Aldar Properties' projects in two new contracts.

• Tabreed wins cooling contracts from Aldar3 June 2007

  The Dubai-listed company will supply Aldar's Yas Island and Al Raha Beach developments.

• Tabreed picks up innovation award31 May 2007

  District cooling firm Tabreed has won the Middle East Insurance Forum's Innovation Award.

• UAE's Tabreed Q1 profit rises 19.2%30 April 2007

  The Abu Dhabi company's profit is up on higher revenues from building cooling plants.

• Tabreed to invest $5bn on cooling plants26 April 2007

  Syndicated loans and Islamic bonds will finance the Abu Dhabi-based company's expansion plans.

• Tabreed sets up insurance firm31 March 2007

  District cooling firm Tabreed has set up Tabreed Captive Insurance Company (TCIC) with Bahrain-based Ensurion.

• Tabreed and Aldar joint venture31 March 2007

  District cooling company Tabreed and real estate firm Aldar Properties have entered into a joint venture to build 25 district cooling plants in Abu Dhabi.

• Tabreed ties up for AD cooling23 March 2007

  Tabreed has entered into a joint venture with Abu Dhabi-based Aldar Properties to build 25 new district cooling plants in the UAE capital.

• District Cooling for Aldar Properties21 March 2007

  Joint venture sees building of 25 new district cooling plants.

• A good IDEA for energy efficiency1 March 2007

  As demand for district cooling rises, managers are becoming aware of the need to employ energy efficient solutions.

• Record profits for Tabreed in 200628 February 2007

  UAE-based district cooling firm Tabreed posted record net profits for the financial year 2006.

• Tabreed breaks profit record9 February 2007

  District cooling company Tabreed has posted a record-breaking annual net profit for the financial year 2006, with an increase of 104.1% over 2005

• Tabreed profits show no sign of cooling6 February 2007

  Fourth quarter profits for National Central Cooling Co. (Tabreed) eight times higher than prior year.

• Jordan District Energy formed in joint venture deal1 February 2007

  Tabreed has set up Jordan District Energy PSC in a 50: 50 joint venture with Abdali Investment and Development PSC.

• Tabreed plans double expansion of capacity19 January 2007

  Central cooling company, Tabreed, has announced plans to double its capacity by 2009

• Tabreed wins Abu Dhabi contracts1 December 2006

• ADNEC to expand30 September 2006