Web Summary
Q1: What is Emicool's role in the Middle East district cooling market?
A1: Emicool is a leading district cooling provider in the Middle East, offering utility-scale air conditioning provided to a large area in a sustainable and reliable way using chilled water distributed through an underground piping network.
Q2: How does Emicool benefit from its partnership with Actis?
A2: Emicool benefits from Actis' expertise in energy operations, access to a global network of seasoned industry leaders, and support from the Actis Operations team to optimize operations, increase use of recycled water, and implement solutions for improving energy efficiency.
Q3: What is Emicool's focus in its 10-Year Business Plan?
A3: Emicool's focus includes increasing the company's use of recycled water to 55% this year, expanding commitment to renewable energy generation, embarking on a significant investment in an enterprise resource planning system, and transitioning 70% of its vehicles to electric-driven ones.
Q4: What is Actis' role in supporting Emicool?
A4: Actis provides support through the One Actis model, which optimizes value creation by requiring all teams to work together regularly. Actis also offers expertise in energy operations, regulatory engagement, business development, and financing to help Emicool achieve its full potential.
Q5: What is the significance of district cooling in the UAE?
A5: District cooling represents an essential, sustainable infrastructure solution that can reduce energy consumption by more than 50% when compared to individual air conditioning units, aligning with the government's net zero targets.
Q6: How does Emicool plan to source renewable power for its operations?
A6: Emicool aims to source as much renewable power as possible for its operations, with its headquarters already largely powered by solar panels and plans to transition to an electric vehicle fleet in the future.
Q7: What is the One Actis model, and how does it benefit Emicool?
A7: The One Actis model optimizes value creation through regular team interactions and leverages Actis' expertise to help Emicool achieve its goals. This includes access to a global network of seasoned industry leaders, support from the Actis Operations team, and collaboration with other Actis investee companies.
Q8: What are Emicool's priorities for growth?
A8: Emicool is focused on delivering its 10-Year Business Plan, which includes expanding its commitment to renewable energy generation, implementing a new enterprise resource planning system, transitioning to electric-driven vehicles, and optimizing capital structure through different financing solutions.