Press Release, Mena FN
ABU DHABI, 26th December, 2017 (WAM) -- The National Central Cooling Company, Tabreed, and Abu Dhabi's renewable energy company, Masdar, today announced that they have signed a service agreement to operate Masdar's first district cooling plant with operations underway.
Under the three-year contract, Tabreed will manage the district cooling plant on behalf of Masdar, providing expertise as well as operations and maintenance services, including regular maintenance of onsite equipment, water pumps and other related services through ongoing monitoring, diagnostic and planned maintenance work.
The Masdar district cooling plant showcases the smart energy system of the district. It is part of Masdar City's first phase, slated to provide the first 6,000 RT of the 94,000 RTs planned for the area.
Commenting on the selection of Tabreed, Mohamed Jameel Al Ramahi, CEO of Masdar, said, "Selecting the right partner to support for the operations and maintenance of our first district cooling plant was key. The plant is a central part of the smart energy system we are building at Masdar. With their technical capability and successful track record, we trust Tabreed to provide us with the highest level of quality services and expertise to meet our operational efficiency targets."
Jasim Thabet, Tabreed's CEO, commented, "We are delighted to be working with Masdar to support their district cooling and sustainability needs. This agreement is testament to Tabreed's operations and maintenance capabilities garnered across 72 plants in the region over the last 20 years, with industry leading approaches bringing innovative operations and management solutions to the sector. It also demonstrates the confidence of game-changing energy players such as Masdar in selecting us for long-term partnership arrangements."
Tabreed is a partner of choice for organisations across the GCC in providing environmentally friendly district cooling solutions. With 72 district cooling plants located throughout the region, Tabreed currently delivers over 1 million refrigeration tons to key developments in the region.
Masdar, wholly owned by the Mubadala Investment Company, is Abu Dhabi's renewable energy company which works to advance the development, commercialisation and deployment of clean energy technologies and solutions. The company serves as a link between today's fossil fuel economy and the energy economy of the future.