General information

• Devcco, has developed Marafeq Qatar (a multi utility company) with Qatari Diar during eight years with start 2008
• Marafeq has 2012 been awarded the concession as utility provider within the city for the next 25 years. The District Cooling system is the largest in the world.
• The District Cooling project has a budget of. $ 2 Billion
• The District Cooling system will cover the 12 areas in which the new city of Lusail has been divided. The first phase started operation in 2012.
• The planned district cooling system capacity is above 500.000 TR

Our role

• Business Management
• Financial Management (debt and equity)
• Project Management
• Investment and Supply Management.
• Risk Management
• Technical analysis and advice

Benefits from project

• The district cooling system in Lusail will reduce 50% of the CO2 emissions that would come from conventional chillers. This would have amounted to 2 400 000 tons CO2 annually.
• Reduce the need of new power stations by 50% plus less capacity on new power grids