Emicool signs concession agreement with Al Reef Cooling Company

DUBAI, UAE, 16 September 2025: Emirates District Cooling (Emicool) said it has signed a concession agreement with Al Reef Cooling Company, which holds exclusive District Cooling rights for Al Reef Downtown development, in Abu Dhabi.

Making the announcement through a Press Release, Emicool said the agreement represents its official entry into the Abu Dhabi market and aligns with its strategy to expand across the UAE through long-term concessional models.

Emicool said Al Reef District Cooling plant has an installed capacity of 8,005 refrigeration tonnes (TR) and a connected capacity of 9,629 TR. Emicool said the District Cooling plant serves 46 buildings, including more than 1,800 residential customers and approximately 36 retail units. Emicool said it assumed operational management of the plant in July 2025 and intends to carry out efficiency upgrades in line with its Build, Own, Operate and Transfer (BOOT) model.

Commenting on the occasion, Dr Adib El Moubadder, CEO, Emicool, said: “The concession agreement for Al Reef Cooling Company marks a defining milestone in Emicool’s growth journey. Securing the exclusive District Cooling concession for Al Reef Downtown not only establishes Emicool’s presence in Abu Dhabi but also significantly strengthens the company’s national portfolio of District Cooling assets. This breakthrough reflects Emicool’s strategic focus on long-term concessional models, operational excellence and sustainable expansion, enabling it to deliver reliable, efficient and scalable cooling solutions to a growing customer base across the UAE.”

Mohamed Al Qubaisi, Chairman, Manazel Real Estate, which owns Al Reef Cooling Company, said: “District Cooling is a critical component of sustainable urban development, and Emicool has established itself as a leading provider in the region. This agreement ensures that Al Reef community will continue to benefit from reliable and efficient cooling solutions. We are confident that Emicool’s expertise and operational excellence will support the long-term needs of residents and businesses at Al Reef Downtown while contributing to the growth and modernisation of Abu Dhabi’s District Cooling infrastructure.”

Emicool said Al Reef plant, primarily serving residential buildings with some retail clients, is a strategic addition to its expanding network of cooling assets. The company said that the new concession reflects its ongoing focus on operational efficiency, geographic growth and the delivery of scalable cooling solutions for large-scale developments.