Khalid Al Marzooqi says the utility is ‘deep-pocketed’ and exploring expansion, including major cooling opportunities at Dubai’s new Al Maktoum International Airport Tabreed, the UAE’s leading district cooling utility, is gearing up for a new phase of expansion following a landmark AED 3.8 billion (approx. US$1 billion) acquisition of PAL Cooling Holding. The deal, announced Tuesday, was made in partnership with CVC DIF, the infrastructure investment platform of global private equity giant CVC. Speaking on the sidelines of the announcement, Tabreed CEO Khalid Al Marzooqi said the company is “deep-pocketed” and has its sights set on further acquisitions to strengthen … Continue reading Tabreed CEO Signals Readiness for Further Acquisitions After $1 Billion Deal with CVC DIF