Sunday 25 January 2015
 
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Tabreed confirms $708m debt facility

United Arab Emirates utility Tabreed said on Monday it had completed the refinancing of debt facilities worth Dh2.6 billion ($707.9 million), confirming a Reuters story published the previous day. The new long-term facility was ar

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Tabreed confirms $708m debt facility

United Arab Emirates utility Tabreed said on Monday it had completed the refinancing of debt facilities worth Dh2.6 billion ($707.9 million), confirming a Reuters story published the previous day. The new long-term facility was ar

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UAE cooling firm Tabreed raises $708m loan

United Arab Emirates utility Tabreed has raised a Dh2.6 billion ($707.9 million) seven-year loan facility from three banks, two banking sources familiar with the matter said on Sunday. National Central Cooling Company, Tabreed'

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District cooling solutions in focus at Dubai conference

An exhibition showcasing recent development in district cooling (DC) solutions opened today (December 15) in Dubai, UAE. The two-day sixth Idea international district cooling conference is being organised by the International Dist

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Metito, Emaar to use recycled wastewater for district cooling

Metito, the leader and provider of choice for total intelligent water management solutions in the emerging markets, has partnered with Dubai-based property developer Emaar Properties, to recycle 20,000 cu m per day of wastewater.

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Hyder completes Qatar Cool plant's EPC design

Hyder Consulting, a leading design and engineering consultancy, has completed the engineering, procurement and construction design of Qatar Cool's third district cooling plant in Doha.    The new plant i

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Tabreed net profit up 15pc

National Central Cooling Company (Tabreed), a leading Abu Dhabi-based district cooling utility company, said its net profit increased by 15 per cent to Dh272.4 million ($74.1 million) last year, as compared to Dh236.3 million in 2012.

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Empower buys cooling firm for $500m

Dubai's Empower, a district cooling provider controlled by two government-owned firms, has completed the acquisition of Palm District Cooling from a unit of Dubai World for $500 million, a statement from Empower said on Sunday.

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Outdoor cooling viable, but challenging

Outdoor district cooling solution is viable, while it also quite challenging, said an expert at the fifth Annual Middle East District Cooling Summit, which concluded in Doha today (November 28). A presentation on ‘Innovative

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350 delegates to discuss district cooling

More than 350 participants will discuss and exchange information on district cooling to be  held in Doha from November 26. The three-day fifth Annual Middle East District Cooling Summit will be held at the Grand Hyatt Hotel.

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