Empower seals district cooling services contract with DMC
DUBAI, February 22, 2023
Emirates Central Cooling Systems Corporation (Empower) has secured a contract to provide district cooling services for Dubai Maritime City (DMC) with a cooling capacity of more than 63,000 Refrigeration Tonnes (RT).
Dubai Maritime City, a part of DP World, strategically located between Port Rashid and Dubai Dry Docks, is one of the most prominent urban destinations for freehold areas in Dubai. It aims to develop and support maritime trade and improve freight services and various marine services.
The city includes luxury residential properties, 5-star hotels, modern office towers, retail outlets, and a variety of services that improve the lifestyle and work in one place.
The agreement, the first of its kind following the successful listing of Empower on Dubai Financial Market, reflects the confidence of the business sector in the role played by the company in providing eco-friendly district cooling services with economic, social, climatic and environmental gains.
The agreement also reflects the Empower's high ability to expand its business, and increase the scope of its projects with an advanced and sustainable business model, it stated.
Empower will invest AED450 million ($122 million) to cater to the needs of more than 43 buildings in DMC with world-class district cooling services in two phases through two plants located within the City, and operate with innovative and technologically advanced systems, stated its CEO Ahmad bin Shafar after signing the deal with Sultan bin Sulayem, Group Chairman and CEO of DP World.
Bin Shafar said the DMC contract win reflects the positive demand within the real estate sector for investment in the field of environmental sustainability, which mainly contributes to enhancing the company's growth process.
The first phase includes supplying of cooling energy to 27 buildings with a capacity of more than 28,000 RT and the second phase includes supplying 16 buildings with 35,000 RT cooling energy, he added.
Bin Sulayem pointed out that the agreement with Empower was in line with DP World’s sustainability strategy represented in the company’s programme 'Our world, Our future', to join its list of efforts to implement projects and conduct its operations in a responsible manner.
"Our relationship with Empower helps us translate our commitment to green building standards in Dubai, and support the environmental direction and sustainable development goals," he added.-TradeArabia News Service
