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Dentons advises National Central Cooling Company PJSC (“Tabreed”) on the AED192.5 million financing of Dubai Parks and Resorts district cooling plant

11 Jan 2016

Dubai—Dentons has advised National Central Cooling Company PJSC (“Tabreed”) on the AED192.5 million financing obtained from Emirates NBD for the development of Tabreed’s district cooling plant for Dubai Parks and Resorts.

Jon Nash, partner at Dentons, commented: "It's always a pleasure to support Tabreed in its development activities in the region especially on such a high profile project which is so important to Dubai and the wider UAE. Tabreed is a key player in the promotion of energy efficiency in the region which is a trend we are seeing across our entire client base. We are privileged to have been involved and look forward to working with our clients on new initiatives in this growing sector."

The Dentons project team was led by partner Jon Nash, with assistance from associate Kanishka Singh, and the Dentons finance team was led by partner Udayan Mukherjee, with assistance from associates Annabel Levick and Mona Hammadi.

Matter Type
Banking & Finance - Capital Markets: Structured/Project Finance
Industry
Energy & Utilities
News Category
Banking & Finance