Empower awarded contracts worth AED 59 million in the 3rd quarter of 2015
Dubai, UAE, 7 October 2015: Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, awarded contracts valued at AED 59million in the 3rd quarter of the year to boost District Cooling (DC) operations across Dubai.
According to HE Ahmad Bin Shafar, CEO of Empower, the contracts are part of significant expansion of the company’s operations, which currently occupy a share of 70% of the DC market in Dubai. “These contracts are among many we have signed so far since the beginning of the year. We are moving confidently for further growth in the UAE.”
“As a unique industry, there are tremendous opportunities for developing a wide range of sophisticated competencies in District Cooling; especially in the technical, customer service, and project management fields. These competencies will further boost the industry, thus increasing its reliability in meeting the growing needs for cooling services in Dubai,” said Bin Shafar.
“Operators in related industries to DC chose Empower based on the global trust and the world-class solutions we provide. We have been engaged on the global scale in high end advisory in different partsacross the world to help in establishing a sustainable DC infrastructure,” added Bin Shafar.
“DC proved to be the ideal alternative for conventional cooling systems, where there would be no maintenance or interruption in service on the end user. On the other hand, investors start to recognise the tangible benefits of DC on the medium and long run,” said Bin Shafar.
“We have long term contracts, some of which are designed to enhance our production for the coming 25 years or so. We understand the demand, and ready to meet the future needs that might be required in mega projects across the Emirate,” concluded Bin Shafar.
Empower currently operates more than 1 Million 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, Dubai Design District, among others.