Work powers ahead for Irish company CES Energy on 25 year Energy Supply Contract for the tallest building in Jeddah with a $150million total project value
Minister O’Sullivan leads Enterprise Ireland trade mission of 45 companies to Saudi Arabia and Qatar
Minister for Trade and Development, Jan O’Sullivan TD, joined Irish company CES Energy on a site visit to the HQ Building in Jeddah, Saudi Arabia, where the company has won a contract from Adeem Al Wataniya Group, a local developer to supply all the power, cooling, heating and water requirements. The visit was made during this week’s Enterprise Ireland trade mission of 45 companies to Saudi Arabia and Qatar, led by Minister O’Sullivan.
Pictured at the announcement at the HQ Building in Jeddah, Saudi Arabia are (L-R): Tom Marren, Managing Director of CES Energy, Minister for Trade and Development, Jan O’Sullivan, TD, and Essam Fahiek, CEO of Adeem Al Wataniya Group.
The HQ building, a 245,000sqm, 52 storey mixed use development, is the tallest tower block in Jeddah, and has an iconic design that dominates the Jeddah Corniche landscape. As the HQ building does not have a SEC grid connection, the design of the Energy Centre installation by CES Energy was critical. This innovative system was fully designed from its Irish Head Office in conjunction with its local KSA engineering resources. The energy will be supplied on a BOOT(Build Own Operate and Transfer) contract for 25 years and will also operate and maintain the energy centre for the 25 year concession contract giving certainty to the developer in terms of energy and utilities supply.
Tom Marren, Managing Director CES Energy said: ‘We are delighted to be involved in such a strategic project as the HQ building. We see huge growth in the Gulf region and we will require additional engineering and project management staff for our offices in Dublin, Jeddah and Qatar’.
Commenting on progress to date Minister O’Sullivan said: ‘CES Energy is a highly innovative company with strong market awareness. This is a highly significant contract won by an ambitious company – it’s an indicator of the world class standard and reputation of Irish products and services’.
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About CES Energy
CES Energy is a leading provider of power, cooling and heating solutions to cities, districts and buildings providing significant financial savings and reductions in CO2 emissions. The company delivers turnkey energy efficiency solutions to all sectors in the KSA market and has a significant track record with over ten years experience in the design and delivery of innovative energy reduction design solutions in a number of countries worldwide.