The Knowledge Economic City announces the signing of a contract through its subsidiary “Makarem Almaarifa Hospitality Ltd” with a consortium of three companies – “City Cool”, Johnson Controls Arabia (JCA), and “ADC Energy Systems” to build a chilled water District Cooling plant in Al-Madinah Al-Munawwrah.
The contract will lead to the building of a plant of 21,000 tons of refrigeration over two phases at the Madinah Hub area, “Multaka Almadinah,” to provide cooling services to the mall, the Hilton tower, and the branded residence tower.
The consortium of the three companies will provide their services based on a Build, Own, Operate, and Transfer (BOOT) arrangement, where Johnson Controls Arabia will supply YORK Chillers, ADC Energy Systems will perform the engineering, the procurement, and the construction of the District Cooling Plant. Additionally, City Cool will perform the operation, maintenance, and facility management for 25 years from the operating date with the aim of sustainability and energy efficiency as part of the alignment with the objectives of the Knowledge Economic City.
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