Corporate Strategy
The growth strategy of Saudi Tabreed is strongly aligned with the Kingdom’s needs and requirements to further optimise energy consumption for cooling systems.
We continue to nurture a solid Government and Private Sector partnership network. In Saudi Arabia, we are actively working to increase awareness of the benefits of District Cooling and have witnessed elevated demand for District Cooling from major players such as SABIC and ARAMCO who actively seek to reduce their carbon footprint. We are also supporting the development of a KSA District Cooling Regulation in line with a push towards sustainability and alignment with the UN SDGs.
Continuous learning and innovation is vital and we actively seek platforms and opportunities for local and global knowledge sharing in the district cooling space as one of the most viable technologies in helping to reducing the domestic demand for oil.
We continue to build a complimentary portfolio and welcome partners who bring synergy to the Saudi Tabreed business model. As such, we have formed multiple joint venture companies in partnership with regional and local players, or as fully owned subsidiaries. The company has established and accelerated the growth of a number of sector leading project companies and businesses including:
Saudi Dhahran District Cooling Company (SDCC)
A Special Purpose Venture (SPV) created to supply chilled water to various Aramco facilities in Dhahran, Saudi Dhahran District Cooling Company has a current capacity of 32,000 TR and is a fully owned subsidiary of Saudi Tabreed. The company is registered in Saudi Arabia, Eastern Province with Saudi Tabreed and ACWA Holding as partners.
Central District Cooling Company (CDCC)
The Central District Cooling Company venture was designed to supply chilled water to various commercial and residential buildings within the Jabal Omar Development. With a total capacity of 55,000 TR the Central District Cooling Company was formed in association with (JODC) Jabal Omar Development Company and is based in Makkah, KSA.
Saudi Tabreed Operations and Maintenance Company (STOM)
Saudi Tabreed Operations and Maintenance Company, (STOM), is a fully owned subsidiary of Saudi Tabreed created in 2010 to cater for the operation and maintenance of district cooling facilities within the Kingdom of Saudi Arabia. Currently, STOM is operating and maintaining the District Cooling plants through long term contracts at Saudi Aramco, Jabal Omar, and King Abdullah Financial District.
Dharhan Valley Cooling Company
This Special Purpose Venture (SPV) was created to supply chilled water to KFUPM Business Park in Dhahran and the nearby area. With a total connected load of 28,000 TR, Dhahran Valley Cooling Company is registered in Saudi Arabia and is a fully owned subsidiary of Saudi Tabreed.
Jubail and Yanbu District Cooling Company
A Saudi registered company formed in association with MARAFIQ, Jubail and Yanbu District Cooling Company, was estabished to supply chilled water to the various District Cooling projects in Jubail and Yanbu cities and has a current load of 42,000 TR on its portfolio at the Jubail Economic City.
Saudi Riyadh Cooling Company
Saudi Riyadh Cooling Company is a Special Purpose Venture (SPV) established to supply chilled water to (KKIA) King Khalid International Airport in Riyadh and has a total capacity of 25,000 TR for phase#1 and 10,000 TR for phase#2 of the project. Based in Riyadh KSA, the company is fully owned by Saudi Tabreed.