Tabreed

Abu Dhabi, United Arab Emirates Founded: 1998 • Age: 28 yrs
Sustainable district cooling services are provided for large-scale developments.

About Tabreed

Tabreed is a company based in Abu Dhabi (United Arab Emirates) founded in 1998. It operates as a Managed Services, and Green Energy-as-a-Service. Tabreed has raised $762 million across 4 funding rounds from investors including ENGIE and Mubadala. Tabreed offers products and services including District Cooling and Energy Efficiency Solutions.

  • Headquarter Abu Dhabi, United Arab Emirates
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name National Central Cooling Company Pjsc
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
    $0 (USD)
    0.76
    as on Dec 31, 2024
  • Net Profit
    $0 (USD)
    32.26
    as on Dec 31, 2024
  • EBITDA
    $0 (USD)
    -0.73
    as on Dec 31, 2024
  • Total Equity Funding
    $762 M (USD)

    in 4 rounds

  • Latest Funding Round
  • Investors
    ENGIE

    & 1 more

  • Employee Count
    Employee Count
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Products & Services of Tabreed

Tabreed offers a comprehensive portfolio of products and services, including District Cooling and Energy Efficiency Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Sustainable cooling solutions are provided for urban developments.

Energy-efficient technologies are deployed to reduce consumption.

People of Tabreed
Headcount 50-200
Employee Profiles 20
Board Members and Advisors 9
Employee Profiles
People
Yousif Al Hammadi
Chief Asset Management Officer
People
Adel Salem Al Wahedi
CFO
People
Mohamed Ali Habib
VP, Supply Chain Management
People
Sarah Mohamed Ahmed Albakeri
VP, Human Capital

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Board Members and Advisors
people
Paulo Almirante
Vice-Chairman
people
Anne-Laure de Chammard
Board Member
people
Bakheet’s Al Katheeri
Board Member
people
Saeed Ali Khalfan Al Dhaheri
Board Member

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Funding Insights of Tabreed

Tabreed has successfully raised a total of $762M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round
  • First Round

    (10 Feb 2011)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2022 Amount Post-IPO - Tabreed Valuation

investors

Oct, 2018 Amount Debt – Conventional - Tabreed Valuation

investors

Aug, 2017 Amount Private Equity Round - Tabreed Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Tabreed

Tabreed has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include ENGIE and Mubadala. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Electricity, natural gas, and energy services are provided globally.
Founded Year Domain Location
Sovereign wealth fund of United Arab Emirates
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tabreed

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Tabreed

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tabreed Comparisons

Employees
+
Add Comparison
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Competitors of Tabreed

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tabreed

Frequently Asked Questions about Tabreed

When was Tabreed founded?

Tabreed was founded in 1998 and raised its 1st funding round 13 years after it was founded.

Where is Tabreed located?

Tabreed is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.

Who is the current CEO of Tabreed?

Khalid Abdullah Al is the current CEO of Tabreed.

Is Tabreed a funded company?

Tabreed is a funded company, having raised a total of $762M across 4 funding rounds to date. The company's 1st funding round was a Private Equity Round of $762M, raised on Feb 10, 2011.

What does Tabreed do?

Tabreed is established as the worlds leading district cooling company, focusing on sustainable cooling solutions for urban developments. Operations span across the GCC region, including the UAE, Saudi Arabia, Oman, and Bahrain, as well as India and Egypt. Services are provided to iconic landmarks such as Burj Khalifa and Dubai Mall. Emphasis is placed on energy efficiency and environmental responsibility, with innovations in cooling technology being integrated. The company is committed to supporting regional climate neutrality goals through strategic partnerships and advanced infrastructure.

What products or services does Tabreed offer?

Tabreed offers District Cooling and Energy Efficiency Solutions.

Who are Tabreed's investors?

Tabreed has 2 investors. Key investors include ENGIE, and Mubadala.

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