Business Weekly

Tabreed signs deal to construct BFH district cooling plant

October 29 - November 4, 2008
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Tabreed Bahrain, the world's leader in district cooling technology, has signed agreements with SNC Lavalin Gulf Contractors to construct a district cooling plant at Bahrain Financial Harbour (BFH), and Sumitomo Corporation, in collaboration with Japan AE Power Systems Corporation, to supply BFH with two new city substations.

As part of its growth strategy, Tabreed is planning to increase its capital to finance its rapid expansion in the kngdom.

"We are proud to implement one of Bahrain's foremost construction projects," said Bernt Andersson, chief executive, Tabreed Bahrain. "This agreement demonstrates Bahrain's commitment to a future devoted to energy conservation and pollution reduction. We look forward to a continued strong relationship with Bahrain's construction projects on the North Shore and Reef Island."

Paul Beaudry, managing director, SNC Lavalin Gulf Contractors, said: "District cooling represents the most significant usage of cutting edge technology towards implementing cooling solutions for new building construction. We see this project as an important demonstration of the marrying of technology and forward thinking. We are proud to be associated with this project, and what it means to the kingdom."







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