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CCME.NEWS, covering the regional and global HVACR industry with an unwavering commitment to providing in-depth news and analyses on policy, business and technology

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Posts related to: District Energy

Empower announces increase in offer size of IPO to 15%

DUBAI, UAE, 1 November 2022: Emirates Central Cooling Systems Corporation PJSC (Empower) announced that following approval from the SCA, Dubai Electricity and Water Authority PJSC (DEWA) and Emirates Power Investment LLC (Emirates Power), an indirectly wholly owned subsidiary of Dubai Holding LLC – together the “Selling Shareholders” – have exercised their right to increase the […]

Posted: November 1, 2022

Empower announces offer price range for IPO

DUBAI, UAE, 31 October 2022: Emirates Central Cooling Systems Corporation PJSC (Empower) announced through a Press release the price range and start of the subscription period for its initial public offering (IPO) on the Dubai Financial Market (DFM).   H.E. Ahmad Bin Shafar, CEO, Empower, said: “Empower has a proud history of pioneering sustainable cooling technology […]

Posted: October 31, 2022

Tabreed expands operations in Egypt

ABU DHABI, UAE, 3 October 2022: Tabreed signed an agreement with Egyptians for Healthcare Services (EHCS) to provide essential District Energy services to CapitalMed, the developer’s new healthcare city megaproject, located in Badr City, near Central Cairo. Making the announcement through a Press release, Tabreed said CapitalMed is planned to be constructed over four phases […]

Posted: October 3, 2022