What Araner does

Araner (legal entity: ARANER GLOBAL DMCC) is a privately held, multi-disciplinary EPC (Engineering, Procurement, and Construction) contractor specializing in integrated thermal energy solutions for cooling, heating, and power augmentation. Founded in 2012 and headquartered in Dubai, UAE, with an Engineering and R&D center in Madrid, Spain, the company employs 51–100 people and serves enterprise clients globally, with concentrated activity in the Middle East, Europe, and Asia Pacific.

The company's technology stack centers on thermal energy management, organized around eight core product lines: Data Center Cooling, District Cooling, District Heating, Turbine Inlet Air Cooling (TIAC), Thermal Energy Storage (TES), Industrial Refrigeration, Heat Pumps, and Absorption Systems. Core proprietary elements include naturally stratified water storage tanks (with 0.4–0.6m thermoclines and CFD-designed radial/slotted-pipe diffusers), ice-based latent TES, the integrated TESTIAC configuration, and a SCADA/HMI control layer. The company commits roughly 20% of its engineering budget to R&D, including university collaborations, and has delivered TIAC systems to over 100 gas turbines worldwide.

Araner makes money primarily through turnkey, one-time EPC project contracts for utility-scale thermal infrastructure, supplemented by recurring Operation & Maintenance (O&M), performance optimization, and district cooling billing-system services. Go-to-market is direct enterprise field sales, with specialized expert teams for each solution area (Data Center, District Cooling, District Heating, TES, TIAC). Customers are large enterprises and public-sector entities — including Saudi Aramco, Qatar's Public Works Authority (Al Ashghal), Badra Oil Field, EGA-related developments in Downtown Dubai, the Red Sea Project, and Jebel Ali Power Plant — typically engaged through bespoke, contact-based quoting rather than standardized pricing.

Name

Araner

Legal name

ARANER GLOBAL DMCC

Website

https://araner.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Short description

Araner is a private EPC contractor that designs and delivers turnkey thermal energy solutions — district cooling/heating, thermal energy storage, data center cooling, and turbine inlet air cooling — for enterprise and public-sector clients, primarily in the Middle East and Europe.

Ownership category

akta.pro rank

Product category

District Energy and Thermal Engineering Services

NAICS

Power Boiler and Heat Exchanger Manufacturing (33241)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Engine Generator & Microgrid Power Plant EPC (Diesel/Gas Recip) (EUAEAAAJ)

Keywords

• District cooling systems
• District heating solutions
• Thermal energy storage
• Data center cooling
• Turbine inlet air cooling

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. EPC (Engineering, Procurement, Construction) Projects: Turnkey project delivery taking full responsibility from engineering and manufacturing through installation and commissioning. ARANER develops pioneering solutions tailored to customer needs, providing complete project implementation.
2. District Cooling Plants: Design, construction and potentially operation of central cooling plants distributing chilled water through pipe networks to multiple buildings.
3. Data Center Cooling Solutions: Tailor-made cooling systems for data centers that reduce operational costs, boost efficiency, and ensure lower PUE while guaranteeing maximum reliability.
4. Turbine Inlet Air Cooling Systems: Power augmentation solutions for gas turbines through cooling intake air, increasing power output by 10% to 30%.
5. Thermal Energy Storage Systems: TES tanks for storing thermal energy for later use, reducing operational costs and increasing efficiency.
6. District Cooling Billing System: Owner capability to extend invoices to clients with fixed or variable cooling water pricing based on electricity cost or scheduled consumption.
7. Performance Optimization Services: System that checks weather forecast, weekday, electricity price to optimize chiller operation and reduce energy costs.
8. Operation and Maintenance Services: O&M services provided by experts for district cooling and heating plants.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Araner is an EPC contractor that designs, engineers, procures, builds, commissions, and optionally operates thermal energy plants for cooling and heating. Its core offerings span district cooling and district heating plants, data center cooling systems, turbine inlet air cooling (TIAC) for gas turbines, thermal energy storage (TES) tanks, industrial refrigeration, and large-scale heat pumps and absorption systems, delivered as integrated turnkey projects.

Product overview

Araner is an EPC (Engineering, Procurement, and Construction) contractor providing integrated energy solutions for cooling and heating applications. The company's portfolio consists of eight core products organized around thermal energy management: Data Center Cooling, District Cooling, District Heating, Turbine Inlet Air Cooling (TIAC), Thermal Energy Storage (TES), Industrial Refrigeration, Heat Pumps, and Absorption Systems. These products can operate independently or be combined as integrated solutions—for example, TES tanks integrate with District Cooling plants for peak load optimization, while the TESTIAC configuration combines TIAC with TES for enhanced power plant efficiency. Araner also offers a mobile TES App for tank design and project management. The company provides turnkey solutions from engineering through installation and commissioning, with capabilities spanning design, manufacturing, procurement, and construction activities.

Differentiator

Problem solved

Functional benefit

Products and services

• Data Center Cooling Solutions Tailor-made turnkey cooling systems for enterprise and hyperscale data centers, designed to reduce operational costs, boost efficiency, lower PUE, and guarantee maximum reliability and TIER-level certification compliance.
• District Cooling Sustainable, reliable, cost-effective district cooling solution that distributes chilled water from a central plant through pipe networks to multiple retail, residential, and commercial buildings.
• District Heating Efficient heat distribution system from renewable or waste heat sources, providing heating to residential and commercial buildings through a network of insulated pipes from a centralized heating plant.
• Turbine Inlet Air Cooling (TIAC) Systems that cool gas turbine intake air to compensate for high ambient temperatures, increasing turbine power output by 10% to 30% and delivering heat rate improvements up to 5%.
• Thermal Energy Storage (TES) Thermal energy storage tanks, including proprietary stratified water storage (with CFD-designed diffusers) and ice thermal storage (ice harvester, internal/external melt-on-coil), used to decouple thermal energy production from consumption and reduce plant costs.
• Industrial Refrigeration Customized industrial refrigeration systems that reduce process temperatures and achieve optimal operating conditions, supporting ammonia (R717), HFC, HFO, and hydrocarbon refrigerants across food & beverage, petrochemical, and manufacturing applications.
• Heat Pumps Large-scale heat pump solutions for district heating and industrial processes, including screw/reciprocating compressors using ammonia/HFO refrigerants and absorption heat pumps driven by waste heat, steam, or hot water.
• Absorption Systems Industrial absorption chillers that use heat (steam, hot water, or waste heat) instead of electricity as their primary energy source, in LiBr-Water and Water-NH3 configurations for cooling industrial spaces and district applications.
• ARANER TES App Free mobile application for designing stratified thermal energy storage tanks, dimensioning tanks from thermal energy requirements, selecting components, keeping project records, and staying current with TES market developments.

Quantifiable outcome

• Power output increase of 10% to 30% for gas turbines through TIAC technology
• +5 more outcomes

Named customers11 records

Segments8 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Scale indicators4 records

Recent moves1 record

Broad incumbents

• Fortum: Finnish energy company with significant district cooling operations in major European cities and district heating across the Nordics. Comparable to Araner on district cooling and heating EPC services for urban utility and municipal customers pursuing decarbonization, though operating at substantially larger scale with a diversified Nordic power generation base.
• ENGIE: French multinational energy company with one of the world's largest district heating and cooling networks across Europe, Asia, and MENA. Provides full EPC and operation services for district energy projects comparable to Araner's offerings, but at vastly greater scale with a portfolio that also includes power generation, renewables, and energy services.
• Siemens Energy: Global energy technology company manufacturing gas turbines and providing TIAC-compatible equipment, thermal storage solutions, and full EPC for power plants. Overlaps with Araner where TIAC and TES integrate into combined-cycle and simple-cycle gas turbine installations, including the inheritance of Malta thermal storage technology relevant to Araner's TES business.
• Veolia: French multinational with extensive district heating and cooling networks, particularly in Central and Eastern Europe. Comparable to Araner's technical scope on district energy EPC and operations, but operates at much larger scale across environmental services, water, waste, and energy with a globally diversified footprint.
• Thermax: Indian EPC and equipment manufacturer specializing in absorption chillers, heat pumps, and district heating solutions across emerging markets and Europe. Direct overlap with Araner's absorption systems, heat pump, and industrial heat pump product lines, plus district energy EPC scope, particularly in growth markets where Araner may also pursue district cooling tenders.
• Logstor: Danish manufacturer and EPC provider of pre-insulated pipe systems for district heating and cooling networks globally. Comparable to Araner as a district energy infrastructure provider though more focused on the distribution network and underground piping component than centralized plant and TES technology, often a complementary supplier on the same projects.

Emerging players

• EnergyNest: Norwegian thermal battery technology company providing modular thermal energy storage for industrial and district heating applications. Operates in the same thermal storage market niche as Araner's TES business but with a different technology platform (concrete-based modules) and an earlier commercialization stage targeting similar industrial decarbonization customers.

Direct peers

• Tabreed (National Central Cooling Company): UAE's National Central Cooling Company, the largest district cooling operator in the Gulf. While Tabreed is the operating utility side and Araner the EPC contractor side, both serve the same Middle East district cooling market with comparable real estate and government developer clients, including similar project types in Dubai, Abu Dhabi, and other Gulf cities.
• Qatar Cool: Qatar's primary district cooling operator serving Doha districts and major real estate projects. Operates in the same geographic market as several Araner customer projects (Al Ashghal, Al Rayyan Stadium) with comparable district cooling portfolio and a similar mix of public infrastructure and private developer customers.
• Emirates Central Cooling Systems Corporation (Empower): Dubai-based district cooling utility majority-owned by DEWA, providing chilled water to large real estate developments including Downtown Dubai, Business Bay, and Dubai Marina. Peer to Araner on the demand-side of district cooling in Dubai, with overlapping customers and project references in the same UAE real estate and government segments.

Market position

Strengths5 records

Weaknesses5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCOied6fwrL1-ylZGFpAZRgw
• LinkedInlinkedin.com/company/araner

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Araner