Enterprise Ireland is leading a trade mission of 45 companies to Saudi Arabia and Qatar this week. Already, the Irish energy company CES Energy has secured a supply contract for the tallest building in Jeddah with a US$150m total project value.
Ireland’s 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.
The HQ building, a 245,000 sq m, 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, said Enterprise Ireland today.
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, according to Enterprise Ireland.
From left: Tom Marren, managing director of CES Energy; Minister for Trade and Development, Jan O’Sullivan, TD; and Essam Fahiek, CEO, Adeem Al Wataniya Group, pictured in Jeddah
Speaking today, 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.”
Minister O’Sullivan pointed out how CES Energy is a highly innovative company with strong market awareness, which is indicative of the esteem Irish products and services are held in global export circles right now.
“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,” added Minister O’Sullivan.
About CES Energy
CES Energy itself provides 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 10 years’ experience in the design and delivery of innovative energy reduction design solutions in a number of countries worldwide.