Staff Report
Dubai, UAE
National Properties, the real estate subsidiary of National Bonds Corporation, has tied up with Etihad Energy Services Company (ESCO) for green makeover of seven landmark buildings.
This collaboration sets a new benchmark for green building practices in the UAE, signifying a major stride towards sustainable development and environmental stewardship, the company said in a statement.
Mohammed Qasim Al Ali, Group CEO of National Bonds Corporation, declared, “We are immensely proud to join forces with Etihad in driving a sustainable green transformation in these seven landmark buildings.
“Recognising the paramount importance of prioritising sustainability and advocating for eco-conscious practices in our retrofit projects, we shoulder the responsibility to embrace eco-friendly measures, curtail carbon emissions, and cultivate healthier living environments. By establishing new benchmarks in construction and adopting cutting-edge green solutions, we have the power to leave a lasting positive impact on our environment.”
Etihad ESCO’s extensive capitalisation expertise in clean energy solutions and leveraging National Properties’, the partnership aims to achieve substantial energy savings. The ambitious project encompasses the implementation of energy-efficient lighting systems, advanced air conditioning units, smart thermostats, and high-efficiency water fixtures, customized to meet the unique requirements of the seven properties owned by National Properties.
Dr. Waleed Al Nuaimi, CEO of Etihad, said, “Under this collaboration, we will undertake the National Properties’ Seven Buildings Retrofit Projects, a major initiative encompassing energy-saving enhancements for HVAC, lighting, and water systems across seven facilities, aligning with the Dubai Demand Side Management Strategy 2030,” Said Al Nuaimi.
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