ENGIE acquires 40% stake in Tabreed from Mubadala

ENGIE acquired a 40% stake in National Central Cooling Company PJSC (Tabreed) from Mubadala Investment Company, making ENGIE a key shareholder alongside Mubadala which retains 42%. The transaction is subject to regulatory approval.

“ENGIE will support Tabreed’s growth by contributing to delivering massively and efficiently low-carbon energy, building on ENGIE’s 30-year experience in the GCC countries and world-class expertise in district energy.”en.newsroom.engie.com

• 3 sources
• en.newsroom.engie.comENGIE to become worldwide leader of independent district cooling by acquiring a 40% stake in Tabreed from Mubadala - Newsroom EngieJun 19, 2017
• globalbankingandfinance.comENGIE Acquires 40% Stake in Tabreed for USD762 MillionGbaf NewsJul 6, 2017
• en.newsroom.engie.comENGIE to become worldwide leader of independent district cooling by acquiring a 40% stake in Tabreed from Mubadala - Files - Newsroom EngieJun 7, 2019

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