Saudi, Qatar Add District Cooling Assets to Gulf Deals Pipeline (opens original article in a new tab)

Saudi and Qatar advance district cooling deals through sovereign wealth funds, showing continued investor interest in Gulf infrastructure despite tensions.

• Two district cooling transactions linked to Saudi and Qatari sovereign wealth funds are advancing.
• Saudi's King Abdullah Financial District seeks $500 million for its cooling business with interest from Saudi Tabreed and UAE-based Tabreed.
• Qatar's wealth fund entities consider merging Qatar Cool and Marafeq to create a large cooling company.