Managed by Johnson Controls, the service will use energy saving measures and advanced technologies to reduce 26,880 tonnes of CO2 emissions from Aldar Assets, achieving a net-zero plan
Cooling services
Latest in Cooling services
Abu Dhabi
UAE’s Tabreed wins district cooling bid for Pharma City in Hyderabad
Phase 1 of the project will comprise construction of facilities of 2,500 RT for approximately $9.85 million
Abu Dhabi
Tabreed partners with TATA Realty for first district cooling project in India
Its first project will feature a $12 million investment in building an operating District Cooling system at Intellion Park in Gurugram
cooling service provider
Empower to invest $122.5mn to cool Dubai Maritime City buildings
The two companies signed an agreement to supply District Cooling services to the DP World-owned project with a capacity of more than 63,000 RT
100% foreign ownership
UAE cooling major Tabreed to allow 100 percent foreign ownership in the company
The announcement led to the company share price posting a jump of more than 10 percent on DFM on Tuesday to close at AED3.15
CapitalMed
Tabreed signs $83 million contract to provide district cooling at Egypt’s healthcare city
The move is part of the district cooling provider’s expansion into the Egypt market and will cater to the needs of the Cairo-based healthcare city
cooling service provider
New regulations for district cooling systems in Dubai to be unveiled soon
The new regulations will bring increased transparency and establish stakeholder accountability to make the district cooling sector more efficient and customer centric, says Dubai government official
cash dividend
District cooling firm Tabreed approves highest-ever dividend payments to its shareholders as it eyes further growth in 2022
Tabreed owns and operates 86 plants in its portfolio across the GCC, including 75 in the UAE, three in Saudi Arabia, seven in Oman, and one in Bahrain, in addition to other international projects and operations
Adel Salem Al Wahedi
Tabreed launches Green Financing Framework to fund projects aligned with UAE’s carbon-neutral objectives
Tabreed’s Green Financing Framework and the Second Party Opinion will demonstrate the sustainable nature of the firm’s District Cooling operations, which utilises 50% less power than conventional cooling, while providing an essential service in the GCC and wider region