New Contracts in Dubai and Abu Dhabi Worth 7,600 Tons of Refrigeration
Tabreed, the world's largest district cooling company, has won three contracts to provide cooling services worth a total of 7,600 Tons of Refrigeration (TR).
These include a 4,100 TR project for Hotel Jal Tower and a 2,300 TR mixed use development with Aerated Concrete Industries Company. Both these projects, in Dubai, will be supplied from the Sheikh Zayed cooling plant.
The third win is a 1,200 TR Etihad Complex development in Abu Dhabi which will be supplied from the Al Raha Gardens cooling plant. All the contracts have been signed for a term of 20 years.
"It's not only major developments but small to medium ones as well that are beginning to use 'green technology'," said Dany Safi, CEO, Tabreed.
"As international concerns over global warming and climate change increase, there is a growing pressure on companies to reduce their carbon footprint as well as employ more environmentally-friendly technologies.
"District cooling, which helps conserve energy as well as reduce greenhouse gas emissions, is all set to enjoy an upward demand curve as the rate of real estate development across the region continues to grow exponentially."
Tabreed, the Middle East's award-winning district cooling pioneer, has been at the forefront of the industry for almost a decade now and the company has completed major projects in the GCC as well as the wider Middle East.
-Ends-
About Tabreed
Tabreed is a UAE public joint stock company established in June 1998 and is now the world's largest district cooling company. It provides district cooling services throughout the GCC and Levant region with offices in Dubai, Abu Dhabi, Ras Al Khaimah, Doha, Manama, Al Khobar, Muscat and Amman.
The company has been growing at a very rapid pace and recently won two gold awards by the International District Energy Association (IDEA) in the USA for new customers by the number of buildings it serves and by the associated cooling load for 2006 in a repeat of its 2004 performance. Earlier in January 2007, Dany Safi - the company's CEO bagged IDEA's Global Pioneer award and Tabreed scooped its Global Partner honour.
Tabreed pioneers energy efficient gas-fired and electric-powered district cooling solutions in the UAE and across the region. The company offers customers the highest quality service through an integrated energy system devised to help them optimize their energy usage and reduce power and maintenance costs. Tabreed is a member of the International District Energy Association (IDEA), Association of Energy Engineers (AEE), International Association for Energy Economics (IAEE), International Institute of Refrigeration (IIR), American Gas Cooling Centre, Inc. (AGCC) and the Dubai Quality Group.
For further information:
Rita Chahoud,
PR and Communications Manager,
Tabreed.
Tel: +971 4 3404422;
Fax: +971 4 340;
Email: rchahoud@tabreed.com.
Sony Elias,
MCS/Action,
Tel: +971 4 390 2960;
Fax: + 971 4 390 8161;
Email: sony.e@actionprgroup.com
© Press Release 2007
