RESET partners with Mismak Properties to achieve substantial energy savings
- Date: 13-Dec-2023
- Source: Zawya
- Sector:Real Estate
- Country:UAE
RESET partners with Mismak Properties to achieve substantial energy savings
ABU DHABI - RESET, a UAE-based company specialising in energy and water-saving solutions through energy performance contracts and a subsidiary of International Holding Company (IHC), has forged a partnership with Mismak Properties for the Rimmal residential towers in Jaddaf, Dubai.
This collaboration marks a significant milestone in advancing sustainability efforts in the region and gathering momentum for sustainable urban development.
Scheduled for completion in Q2 2024, the project will engage RESET's to affect a comprehensive overhaul of air-conditioning and swimming pool systems in the two towers, which include 336 apartments. This revamp will significantly reduce energy consumption and operational costs.
The company aims to achieve 18% energy savings through reduced electricity consumption, with a payback of around two years. The Rimmal residential towers have been operational since 2019.
Frederic Cantin, General Manager of RESET, said, "Our collaboration with Mismak Properties is a pivotal move in our target to deliver over AED15 million in savings to our UAE-based clients over the next 12 months. This partnership also underscores our commitment to – and pursuit of sustainability and energy efficiency. As global concerns about climate change intensify, the demand for innovative energy-saving solutions is on the rise. Our tailored offerings bring commercial viable action, reflecting our