Qatar Cool acquires Cool Tech, I2I
Qatar District Cooling Co (Qatar Cool) has announced its acquisition of Cool Tech Qatar as well as Installation Integrity 2006 (I2I), Gulf Times has reported. Qatar Cool acquired the remaining 49% stake from an Emirati shareholder to make it a wholly-owned subsidiary and the share purchase is a further demonstration of its continued expansion and the development of sustainable energy practices in Qatar. However, the firm did not disclose the details regarding the quantum of money involved in the deal. I2I is a commissioning specialist for plants, buildings, and installations and it does commissioning of all non-process mechanical, electrical and plumbing installations, and specialists in air and water balancing on HVAC systems.