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Tabreed, IFC to set up district cooling JV in Singapore ABU DHABI, March 3, 2021 UAE-based The National Central Cooling Company (Tabreed) and the International Finance Corporation (IFC), a member of the World Bank Group, are planning to establish a district energy investment platform in Singapore.    The platform will invest in district cooling, trigeneration and cooling as a service offering with primary focus on India followed by other South East Asian countries.   The joint venture aims to build on Tabreed’s ongoing development activities in India following the establishment of its wholly owned subsidiary in the country.    It will also seek to provide more energy efficient end to end cooling as a service offering through an outsourced utility model for real estate developments, new urban masterplans and ongoing redevelopments across target cities, said the statement from Tabreed.

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