UAE-based
National Central Cooling Company, Tabreed is heading a consortium
includes government-owned agency Mubadala Infrastructure Partners (MIP)
has secured a concession to solely operate district cooling other services for
the southern part of Al Maryah Island.
The 30-years contract award worth around
$285mn (AED1.05bn), covers the new Central Business news District area,
comprising Cleveland Clinic Abu Dhabi, the Galleria Mall, Sowwah Square
Towers, Al Hilal Bank and the Four Seasons and Rosewood hotels. To
assist financing the project, First Gulf Bank has provided a 20-year
loan to the consortium.Read complete story at http://www.tendersontime.com/blog-detail/tabreed-and-mip-bags-258-million-cooling-services-contract-143.php
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