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Abu Dhabi General Directorate Police barracks connects to Tabreed
- United Arab Emirates: Monday, May 23 - 2005 at 15:02
- PRESS RELEASE
Tabreed, the National Central Cooling Co. (PJSC) announced today that it had signed a contract with the Abu Dhabi General Directorate of Police to supply cooling to their newly developed guards compound in Abu Dhabi.
Commenting on the signing of the contract, Mr. Mohamed Al Qamzi, Chief Operating Officer of Tabreed, said: "Tabreed has proven its leadership in the district cooling market and our efficient and tailor-made services have not only attracted high profile clients, but also attracted various government institutions who in addition to the cooling requirements they also require high levels of security, which is one of the main attributes of district cooling and of our services in particular."
Construction of the project has already started and the expected date of completion is between 8 to 12 months. Tabreed already has a number of schemes in place in Abu Dhabi City and now it will provide cooling to the Guards compound as well as the possibility of connecting any existing and coming new developments in its vicinity.
"We thank the Abu Dhabi Police Directorate for their trust in Tabreed and for giving us the opportunity to provide them with our services," Al Qamzi concluded.
Tabreed has recently announced its financial results for the first quarter in 2005 with a net profit increase exceeding 193% over the same period last year. The company has also completed its AED 500 million rights issue with a two-times oversubscription, thus, bringing the total capital to AED 1 Billion.
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Notes and media contacts
About TabreedTabreed has offered district cooling services as a utility in the UAE for over 6 years, pioneering energy efficient gas-fired and electric-powered district cooling solutions in the UAE and across the region. The largest district cooling service provider in the world, Tabreed 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.
Issued by Tabreed's Corporate PR & Communication Dept. For further information please contact Rita Chahoud or Noura Al Ali on Tel: +971 4 3404422
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Posted by Christine H. Andersen, Assistant News Editor
