RIYADH: Saudi Arabia’s Diriyah is poised to significantly cut energy consumption and emissions thanks to a new agreement with a leading cooling solutions provider.
Diriyah Co. has announced the signing of a partnership with City Cool, a fully-owned subsidiary of the Al-Rajhi Holding Group, with the aim to establish a cutting-edge air station and distribution network, capable of delivering a maximum cooling capacity of 72,500 refrigeration tonnes.
City Cool said that it has entered into a 25-year build, own, operate, and transfer infrastructure, or BOOT agreement. with Diriyah Co. to construct an advanced plant and supply chain. The subsidiary emphasized that this initiative significantly aligns with the Kingdom’s sustainability objectives.
CEO of Diriyah Co. Group Jerry Inzerillo said that the agreement represents a significant achievement within the framework to encourage investment in various fields, with the aim of enhancing comprehensive and sustainable solutions that improve the quality of life for citizens and visitors to “the Kingdom's jewel.”
He added: “Signing such an agreement aims to provide a healthier life in Diriyah by reducing the carbon footprint, which is a fundamental principle in all our projects, through focusing on energy efficiency, reducing water consumption, and enhancing quality of life through all possible means.”
Abdul Salam Al-Moubayed, CEO of City Cool, was quoted by the Saudi Press Agency as saying that they are proud to be part of the Diriyah project.
“Our common goal is to preserve the environment and inject investments in this field to meet the demands for cooling solutions, especially with the expansion of projects in Diriyah and in the Kingdom as a whole, in line with Vision 2030,” he said.
In its report, SPA pointed out that this agreement represents one of the largest partnership contracts signed by the company, underscoring its commitment as a developer to leverage its expertise and resources to reshape and plan Diriyah and transform it into a nurturing ground for culture, entertainment, education, and arts on a global scale, in harmony with the architectural design and identity of the area.
