Qatar Cool to construct fourth plant by 2016
Tabreed joint venture confirms 40,000-tonne facility at West Bay.
Qatar District Cooling Company (Qatar Cool) has agreed to build a fourth plant.
The company will construct the facility to provide 40,000 tonnes of cooling at West Bay by 2016, parent company Tabreed confirmed in a statement on Sunday.
This will be Qatar Cool’s third plant in the West Bay development and its fourth in the country.
It also operates the world's largest district cooling plant at The Pearl-Qatar supplying 130,000 tonnes of cooling to 45,000 residents.
“Qatar is a significant market for Tabreed as we look to continue to strengthen our regional footprint,” said CEO Jasem Hussain Thabet said in a statement to the Dubai Financial Market.
“For several years now, our affiliate, Qatar Cool, has been leading the way in Qatar’s district cooling market and has cemented its position as the main supplier of energy-efficient, economical and environmentally-friendlier cooling solutions.”
Qatar Cool is a joint venture between Qatar’s United Development Company, Abu Dhabi-based Tabreed and other private Qatari investors.