Riyadh Airports Company launches KKIA Energy Efficiency Project with ENGIE n Riyadh Airports Company (RAC), which manages and operates King Khalid International Airport (KKIA) in Riyadh, and ENGIE recently launched the Energy Efficiency project at KKIA to identify and develop cost-effective and smart energy conservation measures, identifying the optimal mix of clean energy sources. According to a press statement, the project will provide the best solutions to reduce energy demand and costs, ensure reliable supply through clean and renewable energy sources. The project covers all passenger terminals including the private aviation terminals, the Airport’s industrial zone, support facilities, water transfer and treatment plants, substations, airfield and district cooling plants. ENGIE will perform an energy audit and consultancy work to identify and develop energy-saving measures that will reduce the facility’s energy use, cost of operation and
maintenance. The project comes as part of RAC’s efforts to enhance energy efficiency at KKIA as per the standards of the International Civil Aviation Organization (ICAO), the General Authority of Civil Aviation (GACA), the Saudi Electricity Company (SEC) and the Saudi Standards, Metrology and Quality Organization (SASO). “We are partnering with a global low-carbon energy provider to achieve our vision and contribute positively to the environment and keep it safe for future generations,” remarked Eng. Mohammed bin Abdullah Al-Maghlouth, CEO, RAC. “The Riyadh Airport project is key to enabling the Kingdom to house a sustainable and energy-efficient worldclass international airport at the heart of Saudi Arabia,” commented Turki Al Shehri, CEO, ENGIE in Saudi Arabia
Tristar Group reports strong H1-2021 performance n Tristar Group, the global integrated energy logistics company, recently announced its management results for the half year ended 30th June 2021. The Group’s performance in the six months ended 30th June 2021 continues to be positive and demonstrates the resilient business model of Tristar. The Group’s consolidated revenue grew by 9.1% in comparison with the same period in 2020 and EBITDA and net profit both reported a significant increase year-onyear by 26.0% and 66.5%, respectively, the company said in a press communiqué. “Our performance in the first half of 2021 reflects improving market conditions and our ability to be a resilient and diversified business model. We continue to have strong pipeline of growth opportunities across all our business segments, which we are confident of leveraging upon to deliver attractive returns to our shareholders,” affirmed Eugene Mayne, Group CEO, Tristar.
20 SEPTEMBER 2021
