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FinancialNews
12-02-19
UAE's South Energy inks deal on district cooling
(MENAFN) Dubai South unit South Energy and SP Group inked a memorandum of understanding on strengthening the capacity of district cooling.
Under the MoU, the UAE's giant is looking to join hands with Singapore's group in seeking out massive opportunities in the market.
A South Energy statement explained the deal to be aiming for potentials in joint venture projects which look to boost district cooling services within the region.
"In line with Dubai South's long-term vision to become a leading investment destination in the region under the Dubai Plan 2021, Dubai South has always kept its doors open for collaboration and in establishing mutual support to key partners in order to achieve common goals," stated Dubai Aviation City Corporation and Dubai South executive chairman Khalifa Al Zaffin.
MENAFN1202201900450000ID1098106216
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