Actis purchases 50% stake in Emirates District Cooling Company (EMICOOL)

Actis, a global sustainable infrastructure investor, purchased a 50% stake in Emirates District Cooling Company (EMICOOL) from Dubai Investments at a corporate valuation of US$ 1 billion, forming a joint venture to grow Emicool.

“Actis has entered a deal to purchase a 50% stake in Emirates District Cooling Company (EMICOOL) from Dubai Investments... at a corporate valuation of US$ 1bn.”act.is

• 2 sources
• act.isActis purchases 50 percent stake in Emirates District Cooling Company (EMICOOL) from Dubai Investments at a corporate valuation of US$ 1bn - ActisChris RengaApr 12, 2022
• cliffordchance.comClifford Chance advises Actis on purchase of 50% stake in Emirates District Cooling Company at an enterprise value of USD 1bnApr 14, 2022

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