Potential offtaker

Majid Al Futtaim Properties

www.majidalfuttaim.com

Estimated electricity consumption

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Countries of production presence

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Majid Al Futtaim Properties is a leading real estate developer and operator based in the United Arab Emirates. The company operates in the multi-asset class own and develop sector, with a focus on creating sustainable and innovative developments that meet the needs of modern consumers. Majid Al Futtaim Properties is committed to decarbonisation and reducing its carbon footprint through the use of renewable energy and corporate energy initiatives.

The company has a strong commitment to sustainability and has implemented a number of initiatives to reduce its environmental impact. One of the key areas of focus for Majid Al Futtaim Properties is decarbonisation. The company is working to reduce its carbon footprint by investing in renewable energy and implementing energy-efficient technologies in its buildings. This includes the use of solar panels, wind turbines, and other renewable energy sources to power its developments.

Majid Al Futtaim Properties is also committed to corporate energy initiatives, which involve the implementation of energy-efficient technologies and practices across its operations. This includes the use of smart building technologies, energy-efficient lighting, and HVAC systems, and the implementation of energy management systems to monitor and control energy usage across its developments.

The company has also implemented a corporate power purchase agreement (PPA) program, which involves the purchase of renewable energy from external sources. This allows Majid Al Futtaim Properties to reduce its carbon footprint while supporting the growth of the renewable energy industry.

In addition to its focus on sustainability, Majid Al Futtaim Properties is also committed to creating innovative and sustainable developments that meet the needs of modern consumers. The company has a strong track record of developing mixed-use developments that incorporate retail, residential, and commercial spaces, as well as leisure and entertainment facilities.

One of the company's flagship developments is City Centre Deira, a mixed-use development located in the heart of Dubai. The development features over 370 retail stores, a cinema complex, a hotel, and residential apartments, as well as a range of dining and entertainment options. City Centre Deira is designed to be a sustainable and energy-efficient development, with features such as solar panels, energy-efficient lighting, and HVAC systems, and a range of other sustainable features.

Majid Al Futtaim Properties is also committed to creating sustainable communities that promote health and wellbeing. The company has developed a number of residential communities that incorporate green spaces, community facilities, and other amenities that promote a healthy lifestyle. These communities are designed to be walkable and bike-friendly, with a range of public transportation options available to residents.

In addition to its focus on sustainability and innovation, Majid Al Futtaim Properties is also committed to corporate social responsibility. The company has implemented a number of initiatives to support the communities in which it operates, including the provision of education and healthcare services, and the support of local businesses and entrepreneurs.

Overall, Majid Al Futtaim Properties is a leading real estate developer and operator that is committed to sustainability, innovation, and corporate social responsibility. The company's focus on decarbonisation, corporate energy, corporate PPA, and renewable energy is a testament to its commitment to reducing its environmental impact and promoting sustainable development. With a strong track record of developing innovative and sustainable developments, Majid Al Futtaim Properties is well-positioned to continue leading the way in the real estate industry.