BBN Report
ABU DHABI/January 21-2021: National Central Cooling Company (Tabreed), the leading UAE-based district cooling developer, is expanding its partnership with Masdar by developing and connecting Masdar and Tabreed infrastructure to help increase operating synergies further.
The collaboration, the company says, represents another major milestone in Tabreed’s strategy of providing efficient cooling to sustainable cities around the world, and expands on Tabreed and Masdar’s existing relationship.
In January 2020, Tabreed acquired Masdar City’s district cooling company, a move that is set to provide efficient cooling services to more than 2.7 million sq metres in Masdar City, with an ultimate total capacity of 69,000 Refrigerated Tonnes (RT) under the concession.
To boost R&D efforts
The two companies also announced that Tabreed will leverage its sector expertise to carry out Research & Development (R&D) testing on two deep geothermal wells located in Masdar City.
The tests will study the viability of geothermal energy technology and its ability to substantially reduce electricity consumption.
Bader Saeed Al Lamki (seen in the picture), Tabreed’s Chief Executive Officer (CEO), said that as an industry leader, these strategic partnerships have allowed the company to diversify its operations and venture into innovative solutions that support its core business.
“We are committed to developing these solutions to support the growth of sustainable urban communities like Masdar City, and we look forward to the continuation of a highly successful partnership with Masdar,” Al Lamki added.
