#Tabreed

Tabreed signs Dhs600m revolving credit facility

UAE’s Tabreed secures Dhs600m revolving credit facility

The loan will be used to finance projects and investments that adhere to the cooling firm’s green finance framework

Tabreed UAE

Tabreed named preferred bidder for one of India’s largest district cooling projects in Hyderabad

Tabreed was selected by the state government’s infrastructure development arm to provide district cooling services to Hyderabad Pharma City

ADNOC LNG

ADNOC, Tabreed announce advances in effort to harness geothermal energy

Leveraging geothermal heat for district cooling operations has the potential to reduce electricity demand helping decarbonise an energy-intensive sector

Tabreed forays into India

UAE’s Tabreed invests Dhs44m in TATA Realty’s Intellion Park

The Dubai-listed firm will acquire the existing cooling infrastructure at the Intellion Park development, which covers a total area of 3.5 million square feet

Tabreed

UAE’s Tabreed reports Dhs236.4m in net profit during Q1 2023

The company’s revenue increased by 10 per cent year-on-year to Dhs464m

UAE’s Tabreed reports Dhs400m in nine-month net profit

The group revenue increased by 13 per cent to total Dhs1.66bn for the first nine months of the year

Tabreed

UAE’s Tabreed launches green financing framework to fund projects

The framework is accompanied by a second party opinion from ESG ratings agency Sustainalytics

Tabreed

Abu Dhabi-headquartered Tabreed’s net income rises 16.5% in 2020 to Dhs550m

Tabreed currently delivers over 1.404 million refrigeration tonnes to key developments across the UAE and Saudi Arabia

Abu Dhabi’s Aldar to sell two district cooling assets for Dhs963m

The transaction is expected to complete in the first quarter of 2021

Tabreed

UAE’s Tabreed issues new $500m 7-year bond

The bond has been rated Baa3 by Moody’s and BBB by Fitch

Tabreed

UAE’s Tabreed to issue $1bn bonds

It will be issued in one or more tranches over the next 12 months

UAE’s Tabreed Appoints New CEO

The Abu Dhabi-based district cooling utility company appointed Jasim Thabet as its new chief executive officer.