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.
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.
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Tabreed signs three long term cooling services deals in Dubai & Abu Dhabi
- United Arab Emirates: Tuesday, January 08 - 2008 at 14:58
- PRESS RELEASE
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.
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ABOUT TABREEDAbout 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.
Posted by Anne-Birte Stensgaard, Senior News EditorTuesday, January 08 - 2008 at 14:58 UAE local time (GMT+4)
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