We are delighted to share that Nahi Beaini of the Climatech Group has signed a Memorandum of Understanding (MOU) with Sabri (Jihad) Asfour the CEO of FAS Energy & Infrastructure, one of the leading players in the Saudi energy and district cooling sector. This strategic MOU establishes a formal framework for both companies to explore collaboration opportunities in the design, engineering, project management, and delivery of advanced district cooling solutions across the Kingdom of Saudi Arabia, with a particular focus on the exciting expansion and sustainability initiatives at King Fahd International Airport in Dammam.
As the Kingdom accelerates its Vision 2030 goals and places increasing emphasis on energy efficiency and sustainable infrastructure, we are proud to combine the Climatech Group’s expertise in innovative project delivery with FAS’s deep local knowledge and execution capabilities.
A special thank you to our long-standing partner Sojitz Corporation, FII Institute and Capella Capital for their instrumental role in facilitating this introduction and making this collaboration possible.
