Empower acquires Dubai Airport’s district cooling plants: Emirates Central Cooling Systems (Empower) signed an agreement with the Dubai Aviation City Corporation to purchase its five cooling plants operating the Dubai International Airport, it said in a Dubai stock exchange disclosure (pdf) released on Friday. The five district cooling plants were valued at AED 1.1 bn (USD 300 mn), and will add 110k refrigeration tons (RT) of cooling capacity to Empower’s portfolio. The acquisition agreement was first signed in 2021.

Adding to an impressive portfolio: Empower’s portfolio includes some of Dubai’s most notable infrastructure spots including The Dubai International Financial Centre, Dubai World Trade Centre, Dubai Healthcare City, Meydan City, Dubai Studio City, Dubai Maritime City, Dubailand, Palm Jumeirah, Bluewaters Island, and Business Bay, the statement notes.