Transwestern Partners With Altus Power to Explore Decarbonization Opportunities
Transwestern Investment Group (TIG®) and Altus Power , the leading commercial-scale provider of clean electric power, today announced an exclusive strategic partnership to explore the development and construction of solar arrays and battery storage solutions for a subset of TIG’s industrial real estate properties, furthering Transwestern’s commitment to its stated ESG objectives .
- Transwestern Investment Group (TIG®) and Altus Power , the leading commercial-scale provider of clean electric power, today announced an exclusive strategic partnership to explore the development and construction of solar arrays and battery storage solutions for a subset of TIG’s industrial real estate properties, furthering Transwestern’s commitment to its stated ESG objectives .
- Through this partnership, which aligns with TIG’s pledge to foster sustainable investing , the companies plan to evaluate opportunities for solar projects across 24 industrial and logistics properties totaling more than 8.2 million square feet.
- In addition to the building-sited, locally generated solar power, Altus Power and TIG will explore implementing battery storage and fleet electric-vehicle charging infrastructure.
- “Our partnership with Altus Power highlights our commitment to deliver on sustainability objectives and drive value for our investors as well as prospective tenants,” said Gary Jaye, Chief Investment Officer of TIG.