KAFD district cooling contract awarded

 A consortium comprising of Saudi Tabreed and SNC Lavalin are to supply district cooling to the office towers in the King Abdullah Financial District in Riyadh, Saudi Arabia.

With a total of 100,000 tonnes of refrigeration, it will be the largest of district cooling project in the Kingdom to date.

The consortium will design and build the district cooling facilities, as well as operate the system for ten years.

The project will be implemented in two phases. The first 50,000 tonnes be commissioned in the first quarter in 2011, while the second phase will be commissioned in the first quarter in 2012.

The contract has been awarded by the Rayadah investment company" (RIC), the developer of King Abdullah Financial District.
Saudi Tabreed is a closed joint stock company majority-owned by ACWA Holdings and Tabreed.