Tabreed Surpasses 1 Million Refrigeration Tons18 October 2016
Abu Dhabi, UAE – National Central Cooling Company PJSC (‘Tabreed’), the leading UAE-based district cooling utility company, today announced that it surpassed 1 million Refrigeration Tons of cooling capacity.
Tabreed recently commenced the supply of chilled water to Dubai Parks and Resorts, the largest integrated theme park destination in the region set to open later this year, which resulted in the company reaching this significant milestone by delivering more than 30,000 Refrigeration Tons of cooling to the destination. Dubai Parks and Resorts will be home to four world-class theme parks: MOTIONGATE™ Dubai, LEGOLAND® Dubai, Bollywood Parks™ Dubai, and Six Flags Dubai which is expected to open in late 2019, as well as LEGOLAND® Water Park. The entire destination will be connected by Riverland™ Dubai, and guests can stay at the Lapita™ Hotel, a Polynesian themed family hotel part of the Marriott Autograph Collection.
Jasim Husain Thabet, Tabreed’s CEO, said: “This is a significant milestone to celebrate for our company and with our customers, and we are proud to deliver our services to such an iconic theme park in the region. Tabreed has an industry leading regional presence providing cooling for large-scale, developments, such as Dubai Parks and Resorts, for which district cooling offers significant environmental benefits and cost savings.”
The announcement is illustrative of Tabreed’s continued commitment to working with public and private partners to ensure the UAE’s sustainable development, and reflects its strong financial performance. For the first half of this year, Tabreed’s net profit reached AED 160.5 million which represents the best first half performance in the company’s 18 years history.
Today, Tabreed provides its district cooling services to many of the region’s landmark projects including all of the developments on Abu Dhabi’s Al Maryah Island, home to Cleveland Clinic Abu Dhabi and Abu Dhabi Global Market, and all of the developments on Yas Island such as Ferrari World, Yas Marina Circuit and Yas Mall, in addition to other national and regional landmarks including Sheikh Zayed Grand Mosque,
Dubai Metro, Pearl Island in Qatar, and Aramco Development Project in Al Dhahran in the Kingdom of Saudi Arabia.