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Wednesday, 17 August 2022

[New post] EWEC Enters into an Agreement with Mediclinic Middle East to Power 100 percent of its Abu Dhabi Assets with Clean Energy

Site logo image uaenews4u posted: " EWEC Enters into an Agreement with Mediclinic Middle East to Power 100 percent of its Abu Dhabi Assets with Clean Energy Mediclinic Middle East becomes the first healthcare company to participate in the Clean Energy Certificates scheme Abu Dhabi, U" http://uaenews4u.com

<strong>EWEC Enters into an Agreement with Mediclinic Middle East to Power</strong> <strong>100 percent of its Abu Dhabi Assets with Clean Energy</strong>

uaenews4u

Aug 17

EWEC Enters into an Agreement with Mediclinic Middle East to Power 100 percent of its Abu Dhabi Assets with Clean Energy

Mediclinic Middle East becomes the first healthcare company to participate in the Clean Energy Certificates scheme

Abu Dhabi, UAE– 17August 2022:EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the UAE, today announced that it has entered a clean energy agreement with Mediclinic Middle East, one of the UAE's leading private hospital groups.

The agreement will see EWEC's clean energy sources powering 100 per cent of the electricity consumption of Mediclinic'sAbu Dhabi hospitals and medical centres for a full operating year, supporting the hospital group's efforts to adopt clean energy,and tofurther expand decarbonisation in the healthcare sector.EWEC will provide Mediclinic withClean Energy Certificates (CECs), a scheme that was launched by the Abu Dhabi Department of Energy (DoE) to provide Abu Dhabi based entities an empowering pathway to achieve their desired sustainability goals by guaranteeing the clean origin of their electricity consumption, while also enabling them to further reduce their carbon footprint.

Francois Brice, Commercial Executive Director at EWEC, said: "It gives us great pleasure to sign a partnership agreement with a leading medical institution such as Mediclinic Middle East, and support them in taking a major step towards reducing their carbon emissions. The CEC scheme is providing Abu Dhabi based companies across various sectors with the opportunity to become pioneers in supporting the UAE Net Zero Strategic Initiative by decarbonising their energy consumption."

Commenting on the agreement, David Hadley, CEO of Mediclinic Middle East, said: "Mediclinic is guided by an unwavering motivation to prevent, treat, care and protect, not only our patients, but also the environments in which we operate. As part of this commitment, Mediclinic Middle East is proud to enter into this agreement with EWEC to purchase clean energy, reducing our carbon footprint and moving us towards our goal of carbon neutrality by 2030. We look forward to working with EWEC in the future at all levels to help us achieve our environmental strategic objectives."

CECs are tradeable digital certificates that guarantee the source a specific standard unit of energy (1MWh) was generated from. The Abu Dhabi Department of Energy (DoE) issued a regulatory policy for the CECs scheme in August 2021 which, for the first time globally, included CECs for power generated from nuclear energy. EWEC is playing a key role for Abu Dhabi's CEC scheme, acting as Single Registrant and auction operator to establish a primary market for this new instrument, operating CECs auctions on a quarterly basis.

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About Emirates Water and Electricity Company

Emirates Water and Electricity Company (EWEC) drives the planning, forecasting, purchase and supply of water and electricity in Abu Dhabi and beyond. EWEC performs its role as the sole procurer of water and electricity from independent producers, ensuring the short- and long-term balancing of bulk supply and demand for distribution companies. EWEC is part of ADQ, one of the region's largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi's diversified economy. For more information, please visit www.ewec.ae.

About Mediclinic Middle East

Mediclinic Middle East is part of Mediclinic International plc, a London Stock Exchange (LSE)-listed private healthcare group with three operating divisions in Switzerland, Southern Africa (South Africa and Namibia) and the United Arab Emirates. Mediclinic International also holds a 29.9% interest in Spire Healthcare Group plc, a LSE-listed and UK-based private healthcare group.

The foundation of Mediclinic International lies in the application of rigorous science to improve the lives of patients, through the use of state-of-the-art treatments and technologies to care for patients in an evidence-based environment.

Mediclinic Middle East operates seven hospitals and 24 clinics with over 950 inpatient beds in the United Arab Emirates.

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