First Abu Dhabi Real Estate Company signs deal with Taqa unit

UAE-based First Abu Dhabi Real Estate Company has signed an agreement with Abu Dhabi Energy Services Company, a subsidiary of Abu Dhabi's national energy company Taqa, to help reduce electricity and water consumption within its facilities and buildings.

This comes in line with global efforts aimed at building a more sustainable and prosperous future, said the company in a statement.

As per the deal, Abu Dhabi Energy Services will contribute to the rehabilitation of facilities and buildings of First Abu Dhabi Real Estate through solutions aimed at reducing electricity and water consumption, and enhancing the sustainability and efficiency of energy resources.

The content and objectives of this cooperation are in line with the Abu Dhabi Strategy for Demand Side Management and Energy Efficiency 2030, it added.

First Abu Dhabi Real Estate Company CEO Jassim Al Ali said: "We are committed to supporting all government initiatives aimed at reducing the environmental footprint of various business sectors, thus enhancing sustainability in our society."

"We look forward to To cooperate closely with the Abu Dhabi Energy Services Company, to work on evaluating the trends of electricity and water consumption in our facilities, and to prepare an accurate action plan that contributes to building a more sustainable future for all," he added.

Abu Dhabi Energy Services CEO Khalid Mohammed Al Qubaisi said this important partnership with First Abu Dhabi Real Estate allows the firm to implement the latest electricity saving technologies in its various buildings and facilities.

"Our solutions contribute to achieving remarkable savings in The consumption of electricity and water, and the reduction of carbon dioxide emissions, which represent a strong support for national sustainability plans," he added.

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