Empower to invest 1.8 billion in 5 years for this project. The agreement to include establishing 6 world-class cooling plants to cater to 440 buildings in both developments  

Dubai, UAE, 19 July 2016

Continuing its local and global successes, Emirates Central Cooling Systems Corporation (Empower), the worlds largest district cooling services provider, has signed a contract with Nakheel to provide district cooling services to Jumeirah Village Circle and Jumeirah Village Triangle. Empower will invest AED 1.8 billion in 5 years for this project.

Empower will build up 6 cooling plants in the two locations, to provide 260,000 refrigeration tons (RT) for the 400 buildings. The project is divided into several phases and Empower will produce 30,000 RT by the fourth quarter of this year. 

The agreement was signed at Nakheels headquarters, between HE Ahmad Bin Shafar, Chief Executive Officer of Empower and Mr Sanjay Manchanda, Chief Executive Officer of Nakheel in the presence of H.E Ali Rashid Lootah, Chairman of Nakheel. Also senior officials from both companies attended the signing ceremony.

In response to the growing demand for district cooling, and in line with our expansion strategy, we are delighted to win these two contracts from Nakheel to provide district cooling services to Jumeirah Village Circle and Jumeirah Village Triangle, said HE Ahmad Bin Shafar while singing the agreement. We share with Nakheel similar standards and reliability of services. Our goal is to provide world-class cooling services that live up to the expectations of residents.

Developers are becoming increasingly aware of the advantages of reliability of district cooling service. The strong local and international reputation of Empower has made it the first choice for cooling services, thus helping us acquire larger segment of the district cooling market in Dubai, added Bin Shafar.

Located in the heart of new Dubai and set amid verdant landscaping, Jumeirah Village Circle and Jumeirah Village Triangle offer unsurpassed leisure and lifestyle amenities, delivering a holistic living experience for its residents.

Over the past few years, we saw a dramatic expansion that made us the largest global provider in terms of capacity. However, this did not cool down our ambition, so we started a new strategy this year and signed series of agreements. The next stage will see several partnerships and agreements in response to the wide demand for district cooling services, concluded Bin Shafar.

Empower currently operates more than 1,100,000 RT, providing environmentally responsible district cooling services to large-scale real estate developments, such as Jumeirah Group, Business Bay, Jumeirah Beach Residence, Dubai International Financial Centre, Palm Jumeirah, Jumeirah Lake Towers, Ibn Battuta Mall, Discovery Gardens, Dubai Healthcare City, Dubai World Trade Centre Residences and Dubai Design District, among others.

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Press Release 2016