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Home » MoU signed between Schneider Electric and LMD

MoU signed between Schneider Electric and LMD

by Madaline Dunn

Schneider Electric has announced the signing of an MoU with LMD, a real estate company, to implement sustainable solutions for smart city management in Egypt and the United Arab Emirates.

The scope of the agreement, it shared, covers One Ninety and Stei8ht projects in Egypt and LMD UAE projects in Dubai. It will involve the deployment of smart building solutions and AVEVA software to manage systems and facilities, reduce carbon emissions, and promote environmentally friendly energy practices in the projects.

The agreement was signed on the sidelines of the UN Climate Change Conference (COP28) in Dubai, UAE, by Sebastien Riez, Cluster President of Schneider Electric Northeast Africa and Levant, and Amel Chadli, Middle East and Africa Digital Energy, New Energy Landscape and Energy Management Software Vice President, Schneider Electric, Eng. Amr Sultan, CEO of LMD, and Mr. Hamad Al Abbar, Managing Partner of LMD UAE.

Under the agreement, Schneider Electric will offer integrated smart building management solutions to LMD UAE and LMD Egypt.

Schneider Electric’s portfolio of solutions encompasses AVEVA’s Unified Operations Center, enterprise-wide operations using an asset model to apply context to real-time processes, alarms, events, and archived data creating a single, common information stream that makes system design and maintenance more efficient and flexible.

The system also manages water consumption for irrigation and usage, in addition to implementing a scalable system that enables the integration of the processes and facilities along with enhancing the availability and functionality of the resources around the clock, such as elevators and escalators.

Schneider Electric will also supply medium voltage panels, loop modules, building management systems, Uninterruptible Power Supply (UPS), ASCO automatic transfer switches (ATS), and SCADA power management and control systems for diverse projects.

Sebastien Riez, Cluster President of Schneider Electric Northeast Africa and Levant, commented: “Adopting sustainability solutions on a larger scale is a global target as climate change challenges persist. Studies indicate that homes will become the biggest consumer of electricity by 2050. Through Schneider Electric’s solutions, we can work towards ensuring energy efficiency and reducing carbon emissions. We have confidence that our integrated Homes of the Future solutions will help LMD apply the smart cities and smart buildings concept in One Ninety and Sei8ht projects. Our mutual aim is to enhance sustainability and act for a climate-positive world using technology.”

Amel Chadli, Middle East and Africa Digital Energy, New Energy Landscape and Energy Management Software Vice President, Schneider Electric, said: “Partnerships play a crucial role in our growth and expansion strategy in the Gulf region, particularly in the UAE. We are fully dedicated to fostering collaboration with all key stakeholders in the region, including real estate developers. Our partnership with LMD is a testament to our unwavering commitment to supporting sustainable development endeavors in the region as we aim to provide cutting-edge solutions to enhance energy efficiency and optimum resource management.”

Eng. Amr Sultan, CEO of LMD, added: “We are committed to applying all sustainability standards in our various projects in LMD Egypt and UAE, including, two projects in Egypt One Ninety (Mixed Use Development) and Stei8ht (Singular Villas Community), and our projects in the UAE.

“We’re excited about teaming up with international firms. Our partnership with Schneider Electric, a renowned global leader in energy management and automation, brings us immense satisfaction. We trust Schneider Electric’s advanced sustainable solutions will aid us in fulfilling our goal of enhancing safety, comfort, and sustainability for our customers. Our commitment to integrating these ideals into our projects reflects our dedication to environmental conservation and elevating the quality of life for residents. Sultan emphasized the pivotal role smart cities will play in shaping the future of the real estate sector.”

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