Empower awards contracts worth $16m in Q3 2015
The signed contracts are part of significant expansion of the company's operations in the district cooling market
Emirates Central Cooling Systems Corporation (Empower) has awarded contracts valued at $16m (AED59m) in the third quarter of 2015 to boost district cooling operations across Dubai.
According to Ahmed bin Shafar, CEO of Empower, the contracts are part of significant expansion of the company's operations, which currently occupy a share of 70% of the DC market in Dubai.
"These contracts are among many we have signed so far since the beginning of the year. We are moving confidently for further growth in the UAE."
Shafar said, "As a unique industry, there are tremendous opportunities for developing a wide range of sophisticated competencies in District Cooling, especially in the technical, customer service, and project management fields. These competencies will further boost the industry, thus increasing its reliability in meeting the growing needs for cooling services in Dubai."
"Operators in related industries to DC chose Empower based on the global trust and the world-class solutions we provide. We have been engaged on the global scale in high end advisory in different parts across the world to help in establishing a sustainable DC infrastructure," he added.
Empower currently operates more than one million RT, providing environmentally responsible district cooling services to large-scale real estate developments such as Jumeirah Group, Business Bay, Jumeirah Beach Residence, Dubai International Financial Centre, Palm Jumeirah, Jumeirah Lake Towers, Ibn Battuta Mall, Discovery Gardens, Dubai Healthcare City, Dubai World trade Centre Residences, Dubai Design District, among others.