Tadweer contracts take Abu Dhabi energy summit deals past $10bn
Highlights include Tadweer's $1bn waste management deals and Masdar-EDF's contract for Saudi's $500m wind farm
Abu Dhabi Waste Management Center (Tadweer) signed five contracts cumulatively worth more than $1bn (AED272m) at the World Future Energy Summit in Abu Dhabi last week, which facilitated deals worth billions of dollars.
Tadweer awarded contracts for solid waste collection and transportation, street cleaning, and other related city services. The contracted work will be carried out in parts of Abu Dhabi and Al Dhafra.
West Coast Saubermacher Environmental Services was awarded a $194m (AED713m) waste collection and transportation contract, while Lavajet Al Ain won a $104m (AED385m) cleaning services package, according to Construction Week’s sister title facilities management Middle East.
Tadweer’s five contracts awarded at the World Future Energy Summit took the total value of deals agreed at the four-day Abu Dhabi event to $10.5bn (AED38.5bn).
A consortium led by Masdar and French energy giant EDF struck one of the landmark deals at the summit, after winning a tender to build a $500m (SAR1.9bn) wind farm in Saudi Arabia.
The Dumat Al Jandal wind power plant in Al Jouf, located in the north of the kingdom, will produce 400 MW of power, generating energy for approximately 70,000 homes in Saudi Arabia, with its construction expected to create 1,000 jobs.
The power plant is part of a concerted effort in Saudi Arabia to diversify its energy mix and significantly increase the production of renewable energy sources.