Tabreed

Tabreed, formally known as the National Central Cooling Company PJSC, is a leading provider of district cooling solutions in the Gulf Cooperation Council (GCC) region. Established in 1998 with its first plant in Sweihan, Abu Dhabi, the company has expanded to operate 83 plants across the GCC. Tabreed specializes in delivering efficient and sustainable cooling services, which are crucial for the hot climate of the region.

The company primarily serves large-scale clients, including residential complexes, commercial buildings, and industrial facilities. These clients benefit from Tabreed's ability to provide reliable and cost-effective cooling solutions, which help them achieve their operational efficiency and sustainability goals.

Tabreed operates in the utilities market, specifically focusing on district cooling. District cooling involves the centralized production and distribution of cooling energy, which is then supplied to buildings through a network of insulated pipes. This method is more energy-efficient and environmentally friendly compared to traditional air conditioning systems.

The business model of Tabreed revolves around long-term contracts with its clients, ensuring stable and recurring revenue streams. The company makes money by charging its clients for the cooling services provided, which includes both a fixed capacity charge and a variable consumption charge. This dual revenue model allows Tabreed to cover its operational costs while also generating profits.

As a publicly listed company on the Dubai Financial Market, Tabreed offers stable financial returns and long-term value to its shareholders. The company is led by CEO Bader Al Lamki, who is focused on expanding operations within the UAE, across the GCC, and internationally, while maintaining the company's commitment to quality, safety, and efficiency.

Keywords: District Cooling, GCC, Energy Efficiency, Sustainability, Utility Leader, Long-term Contracts, Publicly Listed, Operational Efficiency, Cost-effective, Reliable Solutions.