Kowal, Emory University; and Bob Smith,
Panel discussion 3: “Financing the
District Energy Enterprise”
In the morning’s final event, experts
discussed the economics and risk mitigation of funding district energy systems.
Leaders in the banking, finance and district energy sectors included Anuj Chabra,
Standard Chartered; David Dubin, Citibank;
Khatija Hauge, EmiratesNBD; Aditya Kotib-haskar, Mashreq; and Jim Lodge, Clearway
Energy. Members of this panel discussed
the information and due diligence required
prior to seeking financing as well as how
to manage and optimize cash flow over the
changing needs of the project lifecycle.
After a networking luncheon, attendees participated in the two-track conference technical program.
The day concluded with the gala
dinner, graciously hosted by Empower.
The event was highlighted by the presen-
2018 IDEA Global Leadership Award
tation of three awards recognizing out-
standing achievements of IDEA member
systems in the region.
District Cooling Champion City Award
With nearly 2 million refrigeration
Group Carbon Champion Award
tons of installed district cooling capacity,
Dubai is clearly among the world’s lead-
ing cities in our field. IDEA presented a
District Cooling Champion City Award to
the four IDEA member organizations cur-
rently operating in Dubai in recognition
of their contributions to expanding global
awareness and industry best practices.
Pablo Izquierdo, director of Dubai
Carbon Centre of Excellence, and Rob
Thornton jointly recognized seven district cooling companies in the Middle
Recipients of the Group Carbon Champion Award were honored for their carbon reduction efforts.
Rob Thornton (center) presented the District Cooling Champion City award to (from left) Fares
Ahmad, Emaar District Cooling; Ahmad Bin Shafar, Empower; Jeremy Bayart, Emicool; and
Francois-Xavier Boul, Tabreed.
The first panel featured (from left) Abdul Salam Al Mobayed, Saudi Tabreed Operations; Ahmad Bin Shafar, Empower; Jim Lodge, Clearway Energy;
Werner Lutsch, AGFW; Adib Moubadder, Emicool; Tom Nyquist, Princeton University; Juan Ontiveros, The University of Texas at Austin; and Michael
Photo Laurie De Witt, Pure Light Images.