Actis LLP agreed to acquire 50% stake in Emirates District Cooling L.L.C from Dubai Investments PJSC (DFM:DIC) for an enterprise value of AED 3.7 billion on April 11, 2022. Al Mal Capital PSC acted as Sole financial advisor to Dubai Investments. Synergy Consulting acted as the sole financial advisor to Actis.

Jason Mendens, Jennifer Storey, Nicola Reader, Cheuk yin Cheung and Richard Parris of Clifford Chance acted as legal advisor to Actis LLP. Ernst & Young Corporate Finance Limited acted as Due Diligence Provider to Actis LLP.