Tabreed strikes deal with Masdar

LONDON: Tabreed has struck a deal to operate Abu Dhabi-based Masdar’s first district cooling plant.
Under the three-year contract, Tabreed will manage the district cooling plant on behalf of Masdar, a clear energy company owned by Mubadala, a strategic investment company based in Abu Dhabi.
Masdar CEO Mohamed Jameel Al-Ramahi said: “The plant is a central part of the smart energy system we are building at Masdar.”
Tabreed operates 72 district cooling plants throughout the region.
They service developments that include Abu Dhabi’s Al Maryah Island, Yas Island, Sheikh Zayed Grand Mosque, Dubai Metro, Dubai Parks and Resorts, and the Jabal Omar Development in Makkah.