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City Cool wins Riyadh project

Dubai, November 6, 2008

City Cool, a leading UAE-based district cooling provider and a subsidiary of Al Rajhi Investment Group, has signed an agreement with The Land, a leading property firm, to provide state-of-the-art district cooling infrastructure for its Ajmakan project in Riyadh.

The contract calls for City Cool to provide 40,000 tonnes of refrigeration to cool Ajmakan through district cooling plants. The plants will consist of large centrifugal chillers -- widely recognised as the most energy-efficient means of providing cooling for large-scale developments.

City Cool’s scope of services at the Ajmakan development include the cooling of multiple buildings linked via a chilled water piping network.

City Cool’s district cooling solution which puts environment the first will help the occupants of the property development to reduce consumption of electricity up to 50 per cent and to lower thousands of tons of    CO2  (carbondioxide) emissions. The project is scheduled for completion in 2012.

“We are committed to providing the residents of our prestigious project, Ajmakan with the benefits of environment-friendly technologies and hence we opted for district cooling. City Cool was our natural choice for they had done exemplary work as a district cooling service provider for mega projects in the region. This has given us the confidence to select City Cool as the district cooling partner for Ajmakan,” said Karim Jabbour chief executive officer, The Land.

Commenting on the deal, Ibrahim Al-Rajhi, chairman of City Cool said: “We are proud to have won this landmark deal in Saudi Arabia. By leveraging on our expertise and technology and our dedicated team of resources, we assure that we would be able to provide a unique energy-efficient and state-of-the-art district cooling infrastructure for the Ajmakan development.”

“There is a lot of potential for district cooling in Saudi Arabia which is driven by the massive construction boom and the increasing demand for sustainable building solutions that call for energy and water conservation.  Besides, Saudi offers an excellent infrastructure in terms of availability of power and other natural resources for the district cooling market to flourish,” added Ibrahim Al-Rajhi.  – TradeArabia News Service




Tags: Al Rajhi | City Cool |

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