Ownership:
  -United Development Company (51%)
  -National Central Cooling Company P.J.S.C “Tabreed” (44%)
  -Private Qatari Investors (5%)
Incorporation date: 2004
Sector: District cooling

Qatar Cool celebrated its sixth anniversary in September 2010. Since it was incorporated in 2004, the Company capitalized on UDC’s strategic vision to create a centralized utilities company dedicated to the provision of district cooling to both The Pearl-Qatar and Doha’s growing industrial, commercial and residential developments.

District cooling entails the production and circulation of chilled water to multiple buildings through a network of insulated underground pipes.  In 2010, the Company inaugurated the world’s largest district cooling plant, Integrated District Cooling Plant (IDCP), in The Pearl-Qatar. IDCP will service more than 80 apartment towers, beachfront villas and townhouses, shopping complexes, offices, schools and hotels throughout the Island, ultimately supplying more than 130,000 tons of refrigeration to the Island’s 41,000 residents.

Two other plants are operational in West Bay, producing 67,000 tons of refrigeration and providing district cooling to 47 West Bay towers.

Key Advantages of district cooling include:

• Reliability:
• Higher energy utilization and substantially reduced energy consumption;
• Continuous operations with a back-up system in case of emergency;
• Energy efficiency and environmentally sound technology:
• Conserves energy and improves operating efficiency;
• Reduces CO2 levels, resulting in cleaner air;
• Reduces the need for huge capital investment for A/C equipment on site, bringing cost down while making buildings safer and more environmentally friendly.
• Easy to operate and maintain.
• Comfort and convenience through significant reduction of vibration and noise.

Achievements in 2010 and plans for 2011

• Qatar Cool won two prestigious international industry awards in June 2010;
• The Company won the Gold and Silver Awards, positioning Qatar Cool first for the number of buildings it services as well as the total area committed to district cooling;
• Qatar Cool brought The International District Energy Association’s Fifth Middle Eastern Conference (Greener Buildings, Smarter Grid) to Qatar for the first time;
• The Company saw steady growth in employment in 2010;
• Two subsidiaries were added in 2010: (1) Installation Integrity 2006; (2) CoolTech Qatar;
• Operational improvements and environmental awareness will remain the main focus for 2011;
• With the choice of Qatar to host the World Cup in 2022, plans to have over 90,000 hotel rooms as well as other major construction projects over the next 11 years will shape Qatar Cool’s long term business strategy.
  

 
For more information about Qatar District Cooling Company(Qatar Cool), please visit www.qatarcool.com