Empower inks $409m Nakheel district cooling deals
Empower will provide district cooling services at Jumeirah Village Circle and Jumeirah Village Triangle in Dubai
Empower has signed a contracts worth AED1.8bn ($409m) with Nakheel to provide district cooling services to Jumeirah Village Circle and Jumeirah Village Triangle in Dubai.
Empower will build up six cooling plants in the two locations, to provide 260,000 refrigeration tons (RT) for the 400 buildings.
The project is divided into several phases and Empower will produce 30,000 RT by the fourth quarter of this year.
Empower CEO Ahmad Bin Shafar SAID: "In response to the growing demand for district cooling, and in line with our expansion strategy, we are delighted to win these two contracts from Nakheel to provide district cooling services to Jumeirah Village Circle and Jumeirah Village Triangle.
"We share with Nakheel similar standards and reliability of services. Our goal is to provide world-class cooling services that live up to the expectations of residents.
“Developers are becoming increasingly aware of the advantages of reliability of district cooling service. The strong local and international reputation of Empower has made it the first choice for cooling services, thus helping us acquire larger segment of the district cooling market in Dubai.”