# Tabreed and Dubai Holding form JV for Palm Jebel Ali district cooling

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.

- Type: Partnership
- Announced: 2025-03-17
- Where: Palm Jebel Ali, Dubai, United Arab Emirates
- Value: $408.0M (1.50B AED)
- Status: announced
- Capacity: 250,000 Refrigeration Tons (RTs)
- Products: district cooling services
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [National Central Cooling Company (Tabreed)](https://endata.com/companies/72286.md) (partner)
- [Dubai Holding Investments](https://endata.com/companies/83546.md) (partner)

## Sources

- [zawya.com](https://www.zawya.com/en/press-release/companies-news/tabreed-and-dubai-holding-enter-agreement-to-provide-district-cooling-to-palm-jebel-ali-as8pv31w), 2025-03-17: "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."

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