Emirates Central Cooling Systems Corporation PJSC (Empower), the world's largest district cooling services provider, has taken a significant step in its expansion strategy by announcing the award of a contract for the design of its fifth district cooling plant in Business Bay, Dubai. This new plant will boast a production capacity of up to 44,000 refrigeration tons (RT), with construction slated to commence in the fourth quarter of 2026.

This development is in line with Empower's strategic vision to support Dubai's rapid urban growth and the increasing demand for sustainable district cooling services. By expanding its infrastructure, Empower aims to enhance its service coverage across key locations in the emirate, thereby reinforcing its position as a leader in the district cooling sector.

The new plant is an extension of Empower's prestigious Business Bay project, which already holds two Guinness World Records: one for the Highest Capacity District Cooling Plant with a total connected capacity of 276,545 RT, and the other for the Largest Cooling Plant Coverage, currently serving 201 buildings across various sectors including residential, commercial, and hospitality.

H.E. Ahmad Bin Shafar, CEO of Empower, emphasized the importance of this project in meeting Dubai's urban development needs and supporting the city's sustainability plans. He stated, 'The award of the design contract for the fifth district cooling plant in Business Bay marks a continuation of Empower’s expansion strategy to meet Dubai’s rapid urban development and the growing demand for sustainable and high-efficiency district cooling solutions.'

Empower's commitment to sustainability is evident in its alignment with the Dubai 2040 Urban Master Plan and the vision of building resilient cities that rely on smart solutions for energy and water management. By deploying the latest technologies in its plants and operations, Empower aims to reinforce Dubai's global leadership in the district cooling sector and support its journey toward a more sustainable and resource-efficient future.

As for investors, Empower's strategic expansion and commitment to sustainability present a potentially lucrative opportunity. The company's ability to execute mega projects in line with international standards and its focus on sustainability align well with the growing global emphasis on environmental responsibility. Therefore, considering Empower's robust growth trajectory and strategic positioning, the suggestion would be to hold the instrument, keeping an eye on future developments and market conditions.