Tabreed signs three long term cooling services deals in Dubai & Abu Dhabi
Tabreed, the world’s largest district cooling company, has signed long term agreements to provide cooling services to three new projects in Dubai and Abu Dhabi with a total of 7150 Tons of Refrigeration (TR) annually.
The 20 year agreements provide the Rolex Building owned by Ahmed Seddiqui & Sons with 2200 TR, 1350 TR for the Foresight Development & Project Management of Offices Tower located at W10 – C 67 and 3600TR for the Commercial and Residential Complex Project of SEBA Real Estate.
“Developers in the region are nowadays more aware of the benefits of district cooling technology,” said Dany Safi, CEO, Tabreed. “The recent trend of developing green buildings in the UAE has encouraged the district cooling sector and we are confident that the coming years will witness increased interest in this advanced technology.
“Both agreements are part of our long term objectives, which overtake the business value to the environment and energy saving. The increasing numbers of projects that adopt district cooling technology is an indicator on the extensive awareness of how important it is to implement environment-friendly technologies.”
Tabreed has provided cooling services to Offices Tower in December 2007 and will start supplying for the Rolex Building from February 2009 from its Sheikh Zayed Road plant while Tabreed's Spinney's plant in AD-11 will start cooling for the SEBA Real Estate from March 2010.
© 2008 Al Bawaba (www.albawaba.com)
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