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Tabreed and Dubai Holding Investments have entered a concession agreement to form a joint venture (Tabreed 51%, Dubai Holding 49%) to provide district cooling services for Palm Jebel Ali in Dubai. The project has an estimated investment of AED 1.5 billion and a total cooling capacity of approximately 250,000 RTs.
“Tabreed and Dubai Holding Investments, part of Dubai Holding, have entered a concession agreement to provide district cooling services for Palm Jebel Ali in Dubai.”zawya.com
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