Empower buys Dubai International Airport’s district cooling systems for $299m

Emirates Central Cooling Systems Corporation (Empower), a joint venture of Dubai Electricity and Water Authority (DEWA) and TECOM Group, has acquired the district cooling systems of Dubai International Airport for AED 1.1 billion ($299.5 million).

The total cooling capacity of the airport’s district cooling systems is 110,000 refrigeration tons (RT), which covers the equivalent of 11 times the consumption of the world’s tallest tower — Burj Khalifa.

Under the terms of the deal, Empower will own and operate all the existing district cooling infrastructure of Dubai International Airport, including all its facilities and complexes.

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The infrastructure being sold comprises five units.

Emirates Central Cooling Systems Corporation acquires Dubai International Airport’s district cooling systems for $299m
Emirates Central Cooling Systems Corporation acquires Dubai International Airport’s district cooling systems for $299m. Photo courtesy of Dubai Electricity and Water Authority.

Sheikh Ahmed bin Saeed Al Maktoum — President of Dubai Civil Aviation Authority said: “The deal is a part of the AED 25 billion Public-Private Partnership (PPP) project portfolio announced by the Government of Dubai’s Department of Finance (DOF) at the Dubai International PPP Conference which was held last month at the Expo 2020.

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“With this acquisition, the Dubai Aviation City Corporation has made a big leap through its partnership with Empower, the global leader of the environmentally friendly district cooling industry and in adopting innovative technologies.”


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