Palm Jebel Ali DC Concession
Palm Jebel Ali DC Concession - a District Cooling Concession in UAE. Capacity 250,000 RT. Winning consortium: Tabreed + Dubai Holding JV. Status: Construction.
- Country
- UAE
- Procurer
- Dubai Holding (Nakheel)
- City / region
- Dubai (Palm Jebel Ali)
- Capacity
- 250,000 RT
- Status
- Construction
- Tariff
- Not publicly disclosed
Winning consortium
Tabreed + Dubai Holding JV - equity: Tabreed 51% / Dubai Holding 49%
Procurement timeline
- Preferred bidder: Q4 2024
- Commercial close: Q1 2025
- Financial close: Q2 2025
- PCOD: First cooling 2027
Financing
- Capex: AED 1.5 bn (USD 410 M)
Technical scope
Process: Centralised + sea-water-cooled condensing + distribution
~20% of Tabreed's connected capacity in a single concession
Notes
Bilateral negotiation - no losing bidders.
Sources
Open the full District Cooling benchmark →Part of the GulfInfra · GCC Infrastructure Library - a free open-source benchmark of 136 public-private partnership procurements across the GCC. Methodology: how we build this.