Gulf Business
Summary
The Abu Dhabi Department of Energy (DoE) issued its first district cooling (DC) licence to the Saadiyat Cooling LLC (SCL), which serves Saadiyat Island, including Saadiyat Beach, and Saadiyat Cultural District.
According to the DoE’s statement, reported by state news agency WAM on Thursday, a second license will be issued in the coming weeks to Saadiyat District Cooling LLC (SDCL), which serves New York University Abu Dhabi.
“As the Government department tasked with leading the energy sector in the Emirate, the Abu Dhabi Department of Energy consistently supports the government’s efforts to ensure the wellbeing of the community, while also driving the growth and progress of various key sectors in the economy,” said DoE undersecretary Mohammad Juma bin Jarsh Al Falasi.
“Our efforts are beginning to bear fruit with these first two licensed projects now activating the new regulations.”
n December, Abu Dhabi’s Aldar Properties signed an agreement to divest two of its district cooling assets — Saadiyat District Cooling (SDCL) and SCL — on the capital’s Saadiyat Island to National Central Cooling Company (Tabreed). Aldar had purchased a 100 per cent stake in SDCL and an 85 per cent stake in SCL from the Tourism Development and Investment Company TDIC in 2018.
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