After signing a $299 million deal with Dubai Aerocity Corporation (DACC), the UAE Central Cooling System Company (Empower) took over the district cooling system at Dubai International Airport. According to a statement, the transaction for the 110,000 cold storage ton facility was completed through a combination of internal accruals and debt financing from local international banks.

Dubai International Airport District Cooling Project

Sheikh Ahmed said: "The transaction is part of the $6.81 billion public-private partnership (PPP) portfolio announced by the Dubai Ministry of Finance at the recent Dubai International PPP Conference. It supports DACC's continuous efforts to realize its ambitious strategy. These strategies are derived from the UAE’s 2021 sustainable growth vision, and Dubai’s unique vision of promoting sustainable development and environmental protection values and standards. Through this cooperation, the two parties seek to strengthen partnerships, use advanced technology and participate in all activities China adopts innovation to accelerate the pace of development, thereby reaffirming Dubai’s global leadership." According to the terms of the transaction, Empower will own and manage all existing district cooling infrastructure at Dubai International Airport, including all of its facilities and integrated facilities, with a capacity of up to 110,000 RT, which includes five units. The statement pointed out that this capacity is equivalent to 11 times the consumption of the world's tallest tower, the Burj Khalifa.

AlTayer said: "The agreement sets out a new concept of the partnership between the two parties and transfers its investment results to a wider range of areas, including protecting the environment and natural resources, and maintaining the momentum of creating environmentally sustainable communities throughout the emirate. Empower in Dubai Plays a prominent role in the economic development of Dubai, and is working to strengthen its leadership in the local, regional and global district cooling industry to reaffirm the growth and prosperity of Dubai’s industrial sector, which has abundant investment opportunities and permanent Develop and expand the scope of investment activities related to the present and future of the important regional cooling industry."

AlZaffin pointed out: "We are extremely proud of our achievements within the DACC Group and our contribution to helping Dubai become the world's most important aviation hub, and Dubai is firmly established as the world's largest international airport. With Empower’s strategic partnership proves our ambition to streamline operations at DXB and continue to take the path of high growth. I am confident that Empower will provide services for Dubai International Airport in accordance with the highest industry standards." Keywords: engineering news, engineering construction

BinShafar concluded: “We see this cooperation as a long-term partnership with a well-known organization that is of great development and economic significance. Empower is ready to take on the responsibilities of this partnership with its team, and Looking forward to fulfilling it to its fullest. Our advantages and leading position in the district cooling industry, as well as the remarkable success of using unprecedented technology in operation, production and service provision, make us a unique strategic partner for large institutions and large projects "Editor/Xing Wentao