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Tabreed inks 30-year agreement with twofour54 to cool new headquarters

Tabreed inks 30-year agreement with twofour54 to cool new headquarters
Yas Creative Hub will promote Abu Dhabi’s media sector
Tabreed
TABREED
-0.36% 2.73 -0.01

Dubai – Mubasher: National Central Cooling Company (Tabreed) has entered into a 30-year agreement with twofour54, Abu Dhabi-based media and entertainment hub, to offer its new headquarters Yas Creative Hub in Yas Bay district cooling services.

Tabreed will connect the new headquarters, scheduled to open later this year, to its existing Yas Island district cooling scheme, according to a press release on Sunday.

Hence, the cooling company will supply the new campus with a cooling capacity of 3,500 refrigeration tonnes (RT) by the end of 2021, with a total concession capacity of 9,000 refrigeration tonnes.

Developed over an area of 270,000 square metres, Yas Creative Hub is the GCC's first industry-specific facility built for media, entertainment, and gaming.

Yas Creative Hub will promote Abu Dhabi’s media sector over the next 10 years, namely with the establishment of more than 600 companies, including CNN, Unity Technologies, and Ubisoft.

The CEO of Tabreed, Bader Saeed Al Lamki, said: "Our new partnership with TwoFour54 builds on our existing presence and experience maximising energy efficiency and reducing the carbon footprint on Yas Island, and we are delighted that TwoFour54 have entrusted Tabreed for the next 30 years."

Meanwhile, the Director of Real Estate Development at twofour54, Maha Al Jneibi, remarked: "By working with an industry leading specialist in Tabreed, we are ensuring that our tenants at Yas Creative Hub will benefit from innovative cooling solutions, helping to support our, as well as their needs well into the future."