Masdar, FAB complete landmark energy and water-saving project for Future Rehabilitation Centre

SourceBusiness Live ME
SectorOil & Gas

(WAM) — Masdar, one of the world’s leading renewable energy companies, and First Abu Dhabi Bank, FAB, have announced the completion of an energy and water-saving retrofit project for an Abu Dhabi-based school for People of Determination. The Future Rehabilitation Centre in Mohammed bin Zayed City is benefitting from energy reductions of over a third and water savings of nearly 30 percent as a direct result of the retrofit. Funds from a special co-branded, biodegradable credit card were used to finance the retrofit, which followed an extensive audit of the Future Rehabilitation Centre by Masdar’s Energy Services team and contractor Smart4Power.

A percentage of the spending on the joint credit card, launched at Abu Dhabi Sustainability Week 2013, goes toward a dedicated Green Fund for environmental projects selected by FAB. The extensive energy more...