Nawal Alfaraj

Saudi Tabreed is a pioneering District Cooling Service Provider (DCSP) that develops sustainable District Cooling Schemes for some of the most important urban mega-development projects in the Kingdom of Saudi Arabia and across the Gulf region. Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) has recently acquired a 30% in the company, further strengthening its credibility and financial position to take up even more mega project in the Kingdom. One such project includes an MoU to establish a local trading platform for Carbon Credits, where Saudi Tabreed will be supplying a total of 1,100,000 carbon credits in the next 20 years. Through the provision of the latest eco-friendly cooling and conditioning systems, Saudi Tabreed is supporting the transformation of innovative urban development while reducing carbon emissions, optimizing energy consumption, and preserving the environment in accordance with the UNSDG’s and the Kingdom’s Vision 2030.