Empower inks AED1.8 billion deal with Nakheel

Continuing its local and global successes, Emirates Central Cooling Systems Corporation, Empower, the world’s largest district cooling services provider, has signed a contract with Nakheel to provide district cooling services to Jumeirah Village Circle and Jumeirah Village Triangle, with a total value of AED1.8 billion.

Empower will build up to 6 cooling plants in the two locations, to provide 260,000 refrigeration tons, RT, for the 400 buildings. The project is divided into several phases and Empower will produce 30,000 RT by the fourth quarter of this year.

The agreement was signed at Nakheel’s headquarters, by Ahmad bin Shafar, Chief Executive Officer of Empower, and Sanjay Manchanda, Chief Executive Officer of Nakheel. Also present was Ali Rashid Lootah, Chairman of Nakheel and senior officials from both companies.

"In response to the growing demand for district cooling, and in line with our expansion strategy, we are delighted to win these two contracts from Nakheel to provide district cooling services to Jumeirah Village Circle and Jumeirah Village Triangle," said Ahmad bin Shafar while singing the agreement. "We share with Nakheel similar standards and reliability of services. Our goal is to provide world-class cooling services that live up to the expectations of residents."

"Developers are becoming increasingly aware of the advantages of the reliability of district cooling services. The strong local and international reputation of Empower has made it the first choice for cooling services, thus helping us acquire a larger segment of the district cooling market in Dubai," added bin Shafar.

Empower currently operates more than 1,100,000 RT, providing environmentally responsible district cooling services to large-scale real estate developments, such as Jumeirah Group, Business Bay, Jumeirah Beach Residence, Dubai International Financial Centre, Palm Jumeirah, Jumeirah Lake Towers, Ibn Battuta Mall, Discovery Gardens, Dubai Healthcare City, Dubai World Trade Centre Residences and Dubai Design District, among others.