Green Park Cooling, a Saudi Tabreed company, holds a 25-year build-own-operate-transfer agreement for district cooling, with the Foundation as off-taker. The contract capacity is 60,000 refrigeration tonnes, with 20,000 in the first phase. SNC-Lavalin was awarded the engineering, procurement and construction contract in June 2023.
What it works on
Project company (Saudi Tabreed subsidiary); 25-year BOOT