{"id":89668,"date":"2025-04-25T00:00:00","date_gmt":"2025-04-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/"},"modified":"2025-04-25T00:00:00","modified_gmt":"2025-04-25T00:00:00","slug":"emicool-goes-green-with-aed-1-95-bn-boost","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/","title":{"rendered":"Emicool goes green with AED 1.95 bn boost"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Emicool secures AED 1.95 bn in first-ever green financing: <\/strong>District cooling firm <a target=\"_blank\" href=\"https:\/\/www.emicool.com\/\" style=\"\" rel=\"noopener\">Emicool<\/a> \u2014 a joint venture between Dubai Investments and London-based infrastructure-focused private equity giant <a target=\"_blank\" href=\"https:\/\/www.act.is\/\" style=\"\" rel=\"noopener\">Actis<\/a> \u2014 has landed its first green financing worth just short of AED 2 bn, as part of a broader AED 2.3 bn syndicated facility, <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/companies\/79773\/%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D9%85%D8%B4%D8%AA%D8%B1%D9%83-%D8%A8%D9%8A%D9%86-%D8%AF%D8%A8%D9%8A-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%88%D8%A3%D9%83%D8%AA%D9%8A%D8%B3-%D9%8A%D8%AA%D9%84%D9%82%D9%89-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D9%8A-%D8%AF%D8%B1%D9%87%D9%85\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reports citing a statement. The financing will support energy-efficient district cooling projects. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More details: <\/strong>The green financing is part of a broader AED 2.3 bn syndicated facility backed by Dubai Islamic Bank and Abu Dhabi Commercial Bank, and the 12-year facility includes a five-year grace period. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND-<\/strong> Actis acquired a <a target=\"_blank\" href=\"https:\/\/www.act.is\/2022\/04\/12\/actis-purchases-50-stake-in-emirates-district-cooling-company-emicool-from-dubai-investments-at-a-corporate-valuation-of-us-1bn\/\" style=\"\" rel=\"noopener\">50% stake<\/a> in Emicool from Dubai Investments in 2022, forming a joint venture aimed at expanding sustainable district cooling services in the MENA region. This transaction was highlighted as one of the largest in the district cooling industry in the region.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the sector\u2019s first green issuance: <\/strong>UAE district cooling company Tabreed\u2019s wrapped a USD 700 mn green sukuk issuance <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7c82d5c9-4dc0-4ed0-8e36-1c0296189e57\/%253cmark%253etabreed%253c%2Fmark%253e-finalizes-a-usd-700-mn-sukuk-issuance-with-2.6x-oversubscription\" style=\"\" rel=\"noopener\">last month<\/a> that was 2.6x oversubscribed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>All part of Actis\u2019 2025 regional push:<\/strong> Actis was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/e22cc760-de14-460b-8f12-3738e995c257\/today:-all-the-latest-from-cop29-%2B-egypt-continues-its-renewables-push\" style=\"\" rel=\"noopener\">reported last November<\/a> to be eying investments in the region\u2019s green sector \u2014 including in power generation, distribution, district cooling, and solar rooftop assets \u2014 with at least at least four transactions expected to reach financial close in 2025. Actis\u2019 energy fund\u2019s global pipeline was valued at USD 33 bn at the time, with plans to allocate 20% of it to the Middle East and Eastern Europe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The funding was provided by Dubai Islamic Bank and Abu Dhabi Commercial Bank<\/p>\n","protected":false},"author":1,"featured_media":89669,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[84],"tags":[83,199,225,11,49,164,52],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-debt-watch","tag-district-cooling","tag-emicool","tag-enterpriseclimate","tag-green-bonds","tag-green-finance","tag-uae","wpautop","entry"],"acf":{"mongo_id":"f700de61-1c83-477b-adac-1504273ea223","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/3\/794.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Emicool secures AED 1.95 bn in first-ever green financing","related_issue":[89661],"teaser":"The funding was provided by Dubai Islamic Bank and Abu Dhabi Commercial Bank","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.d630434d-425c-4cee-a989-e12c0d4994ef.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Emicool goes green with AED 1.95 bn boost - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emicool goes green with AED 1.95 bn boost\" \/>\n<meta property=\"og:description\" content=\"The funding was provided by Dubai Islamic Bank and Abu Dhabi Commercial Bank\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-25T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/794.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Emicool goes green with AED 1.95 bn boost\",\"datePublished\":\"2025-04-25T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/\"},\"wordCount\":241,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/794.jpg?fit=%2C&ssl=1\",\"keywords\":[\"DEBT WATCH\",\"district cooling\",\"Emicool\",\"EnterpriseClimate\",\"green bonds\",\"green finance\",\"UAE\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/\",\"name\":\"Emicool goes green with AED 1.95 bn boost - Climate\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/794.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-04-25T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/794.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/794.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/climate\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Emicool goes green with AED 1.95 bn boost\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"name\":\"Climate\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\",\"name\":\"Climate\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/25470.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/25470.svg\",\"caption\":\"Climate\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Emicool goes green with AED 1.95 bn boost - Climate","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/","og_locale":"en_US","og_type":"article","og_title":"Emicool goes green with AED 1.95 bn boost","og_description":"The funding was provided by Dubai Islamic Bank and Abu Dhabi Commercial Bank","og_url":"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/","og_site_name":"Climate","article_published_time":"2025-04-25T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/794.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Emicool goes green with AED 1.95 bn boost","datePublished":"2025-04-25T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/"},"wordCount":241,"publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/794.jpg?fit=%2C&ssl=1","keywords":["DEBT WATCH","district cooling","Emicool","EnterpriseClimate","green bonds","green finance","UAE"],"articleSection":["DEBT WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/","url":"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/","name":"Emicool goes green with AED 1.95 bn boost - Climate","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/794.jpg?fit=%2C&ssl=1","datePublished":"2025-04-25T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/794.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/794.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/climate\/2025\/04\/25\/emicool-goes-green-with-aed-1-95-bn-boost\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/climate\/"},{"@type":"ListItem","position":2,"name":"Emicool goes green with AED 1.95 bn boost"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/climate\/#website","url":"https:\/\/enterpriseam.com\/climate\/","name":"Climate","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/climate\/#organization","name":"Climate","url":"https:\/\/enterpriseam.com\/climate\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/25470.svg","contentUrl":"https:\/\/ent.news\/internal\/25470.svg","caption":"Climate"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/794.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/794.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/794.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_shortlink":"https:\/\/wp.me\/pgVl2y-nkg","_links":{"self":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/89668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/comments?post=89668"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/89668\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/89661"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media\/89669"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media?parent=89668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/categories?post=89668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/tags?post=89668"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/brand?post=89668"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=89668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}