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Tabreed partners with IFC for district cooling expansion in India · Endata

◂ Announcements

HVAC and Industrial Refrigerationworld trade 2024+5.3% 5Y CAGR

Dec 20, 2021PARTNERSHIPIndia, India

Tabreed partners with IFC for district cooling expansion in India

Tabreed and IFC formed a partnership to invest up to $400 million over five years in district cooling projects in India, targeting a portfolio of approximately 100,000 refrigeration tonnes. A new holding company in Singapore will be jointly owned by Tabreed (75%) and IFC (25%).

Value

$400.0M

Status

Announced

Capacity

100,000 refrigeration tonnes

Productsdistrict cooling services

CompaniesInternational Finance Corporation investor Tabreed partner

Sectors#HVAC and Industrial Refrigeration

“This district cooling project is at the heart of what IFC is all about.”tabreed.ae

1 source
tabreed.aeTabreed Partners with IFC for Expansion in India | tabreedDec 20, 2021

Summarized from public sources; check the original articles before acting on it.

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