Empower, Dubai Maritime City sign agreement to supply district cooling services

Empower, Dubai Maritime City sign agreement to supply district cooling services

DUBAI – Emirates Central Cooling Systems Corporation PJSC (Empower) and Dubai Maritime City (DMC) have entered into an agreement to provide district cooling services to the DMC project. The cooling capacity of the project is more than 63,000 Refrigeration Tonnes (RT).

The agreement was signed by Ahmad bin Shafar, CEO of Empower, and Sultan bin Sulayem, Group Chairman and CEO of DP World, a leading provider of integrated smart logistics solutions to enable trade flows worldwide.

This agreement is significant as it is the first of its kind following the successful listing of Empower on the Dubai Financial Market. It reflects the business sector's confidence in Empower's role in providing environmentally friendly district cooling services with economic, social, climatic, and environmental gains. The agreement also demonstrates Empower's ability to expand its business and increase the scope of its projects with an advanced and sustainable business model.

Empower plans to invest AED 450 million to provide world-class district cooling services to over 43 buildings in Dubai Maritime City. The services will be provided in two phases through two plants located within the city and operating with innovative and technologically advanced systems. The first phase will supply cooling energy to 27 buildings with a capacity