(IN BRIEF) CVC DIF and Tabreed are set to acquire PAL Cooling Holding from Multiply Group for about AED 3.8 billion, consolidating eight long-term district cooling concessions across Abu Dhabi’s main island and Al Reem Island. Five existing plants provide … Read the full press release →
Posted in Business, Construction, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged Abu Dhabi Department of Energy, Abu Dhabi main island, ADGM free zone, AED 3.8 billion equity, Al Reem Island, Aldar Properties, concession agreements, CVC DIF, CVC infrastructure strategy, district cooling, Imkan, infrastructure investment, Modon, Multiply Group, PAL Cooling Holding, partnership, pipeline expansion, refrigeration tons, sustainable cooling plants, Tabreed
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