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Saudi Tabreed
Pioneering district cooling solutions for urban mega projects in Saudi Arabia and the Gulf region, enhancing energy efficiency and sustainability
About Saudi Tabreed
Saudi Tabreed is a leading District Cooling Service Provider (DCSP) that specializes in developing sustainable district cooling schemes for significant urban mega development projects in the Kingdom of Saudi Arabia and the Gulf region. District cooling involves the production and distribution of chilled water from a central facility to multiple buildings, which helps reduce peak power demand and alleviate power congestion in cities. This method is a key solution for energy optimization and sustainability, making it crucial for new developments and the reduction of energy consumption in the region.
Saudi Tabreed serves a diverse range of clients, including major airports and corporate complexes. Notable projects include a 35,000 TR (ton of refrigeration) capacity plant at King Khalid International Airport in Riyadh and a 32,000 TR capacity plant for Saudi Aramco's Dhahran office complexes. These long-term contracts, spanning 25 to 30 years, ensure a steady revenue stream for the company.
The business model of Saudi Tabreed revolves around long-term service agreements, where they build, operate, and maintain district cooling plants. Revenue is generated through these contracts, providing a stable and predictable income over extended periods. The company also focuses on innovation in plant design and operational methodologies to continually improve efficiency and sustainability.
Source: Dealroom company dataAt a glance
- Founded
- 2005
- Headquarters
- Al Khubar, Saudi Arabia
- Sector
- Energy
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
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