Mada International Holding

Diriyah Company has awarded a $187 million contract to City Cool Cooling Company to design and build a district cooling plant with 72,500 TR capacity for the Diriyah giga-project in Saudi Arabia. The agreement is a 25-year BOOT arrangement.

Diriyah Company signed a SAR700 million ($187 million) agreement with City Cool Cooling Company to develop a district cooling plant with 72,500 TR capacity and distribution network for the first phase of the Diriyah project in Saudi Arabia, under a 25-year BOOT structure.