#District Cooling
Led by the COP28 UAE Presidency, the Global Cooling Pledge, sets out a series of commitments by governments that will accelerate emission reductions from energy use and refrigerants
The cooling firm reported a net profit of Dhs685m during the period under review and paid a cash dividend of Dhs425m for the first half of 2023
The Dubai-listed firm will acquire the existing cooling infrastructure at the Intellion Park development, which covers a total area of 3.5 million square feet
Empower has saved 412 million imperial gallons of fresh water in 2022 by using recycled water in its operations
The total capacity of the plants is equivalent to 11 times the consumption of the world’s tallest tower, the Burj Khalifa
The company’s revenue increased by 10 per cent year-on-year to Dhs464m
The upgrade will contribute to achieving savings in energy, increasing efficiency and significantly reducing carbon emissions
The company will provide its services with a cooling capacity of 63,000 refrigeration tonnes
Among the buildings that are serviced within Empower’s portfolio, the residential sector tops the list of the company’s clients with 64 per cent
The joint venture between Dubai Investments and Actis is aimed at supporting Emicool’s operations in the wider MENA region