National Central Cooling Company PJSC Announces New Capacity over 2021, 2022
February 15, 2021 at 06:30 am EST
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National Central Cooling Company PJSC announces new capacity over 2021, 2022. Total capacity additions during the year were over 220,000 RTs, including the Downtown growth of 75,000 RTs of the new capacity over 2020 and 2021; and on an organic basis, connected 40,000 RTs during 2020, achieving over 50% of the target during the year. It revised capacity guidance for the next 2 years based on current signed contracts in hand. It expects to connect at least 120,000 RTs of the new capacity over 2021, 2022. This guidance updates and replaces the guidance it gave a year ago.
National Central Cooling Company PJSC (Tabreed), a subsidiary of Mubadala Development Company PJSC, is a United Arab Emirates-based company engaged in the provision of cooling solutions to government, commercial, residential and private organizations across the Middle East. The Company is organized into two segments: The Chilled Water segment, which constructs, owns, assembles, installs, operates and maintains cooling and conditioning systems, as well as distributes and sells chilled water for use in district cooling technologies, and the Value chain business segment, which is involved in ancillary activities relating to the expansion of Companyâs chilled water business. Tabreedâs portfolio includes 66 plants across the Gulf Cooperation Council (GCC). The Companyâs affiliates and subsidiaries include Qatar District Cooling Company QCSC and Bahrain District Cooling Company BSC, among others.
NATIONAL CENTRAL COOLING COMPANY 
