Genting forms JV to build cooling plant on Sentosa

Genting forms JV to build cooling plant on Sentosa

 

Genting International on Friday announced the formation of DCP (Sentosa) Pte Ltd, a joint venture between Resorts World at Sentosa, its indirect subsidiary, and Sentosa Leisure Management (SLM).

 

The purpose of the joint venture is to build and operate a district cooling plant on Sentosa Island to supply piped chilled water for the air-conditioning and other cooling requirements of the Resorts World at Sentosa integrated resort being developed by RWSentosa on Sentosa Island.

 

Excess capacity from the district cooling plant will be sold to other users on Sentosa Island.

 

RWSentosa and SLM own 80 per cent and 20 per cent of DCP (Sentosa) Pte Ltd, respectively. — BT newsroom

 

Source: Business Times

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