# Emirates Central Cooling Systems (Empower) acquires Nakheel district cooling units for AED 860M

Emirates Central Cooling Systems (Empower) acquired district cooling units from Nakheel in Dubai for AED 860 million, adding 110,000 tons of cooling capacity serving 18,000 customers across 17 projects.

- Type: Acquisition
- Announced: 2021-08-23
- Where: Dubai, United Arab Emirates
- Value: $234.2M (860.0M AED)
- Status: completed
- Capacity: 110,000 tons of cooling
- Products: district cooling services
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Emirates Central Cooling Systems (Empower)](https://endata.com/companies/25396.md) (acquirer)
- [Nakheel](https://endata.com/companies/57260.md) (target)

## Sources

- [asharqbusiness.com](https://asharqbusiness.com/companies/9710/%D8%A5%D9%85%D8%A8%D8%A7%D9%88%D8%B1-%D8%AA%D8%B3%D8%AA%D8%AD%D9%88%D8%B0-%D8%B9%D9%84%D9%89-%D9%88%D8%AD%D8%AF%D8%A7%D8%AA-%D8%AA%D8%A8%D8%B1%D9%8A%D8%AF-%D8%AA%D8%A7%D8%A8%D8%B9%D8%A9-%D9%84%D9%80%D9%86%D8%AE%D9%8A%D9%84-%D9%81%D9%8A-%D8%AF%D8%A8%D9%8A-%D8%A8%D9%80-860-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D8%B1%D9%87%D9%85/), 2021-08-23: "وقعت مؤسسة الإمارات لأنظمة التبريد المركزي 'إمباور'، اتفاقية استحواذ على وحدات تبريد المناطق التابعة لـ 'نخيل' بطاقة تبريد إجمالية تصل إلى 110.000 طن تبريد وبقيمة إجمالية للصفقة بلغت 860 مليون درهم."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.