Altus Power and CBRE Partner on 10.5 MW Project at the Arsenal Trade Center in New Jersey
Altus Power (NYSE: AMPS) has announced an agreement to build a 10.5-megawatt solar project on three modern logistics buildings in New Jersey, developed by Trammell Crow Company and CBRE Investment Management. The project, spanning over 1.1 million sq. ft., will provide clean electric power through the New Jersey Community Solar Energy Program, benefiting both CBRE IM tenants and local residents.
The solar installation is expected to serve up to 1,800 households upon completion. As a pioneer in Community Solar, Altus Power currently serves more than 30,000 subscribers nationwide, offering clean energy savings through utility bill discounts without requiring customers to install or maintain their own solar panels.
Altus Power (NYSE: AMPS) ha annunciato un accordo per costruire un progetto solare da 10,5 megawatt su tre moderni edifici logistici nel New Jersey, sviluppati da Trammell Crow Company e CBRE Investment Management. Il progetto, che si estende su oltre 1,1 milioni di piedi quadrati, fornirà energia elettrica pulita attraverso il Programma di Energia Solare Comunitaria del New Jersey, beneficiando sia gli inquilini di CBRE IM che i residenti locali.
Si prevede che l'installazione solare possa servire fino a 1.800 famiglie al termine dei lavori. Come pioniere nell'Energia Solare Comunitaria, Altus Power serve attualmente più di 30.000 abbonati a livello nazionale, offrendo risparmi energetici attraverso sconti sulle bollette senza richiedere ai clienti di installare o mantenere i propri pannelli solari.
Altus Power (NYSE: AMPS) ha anunciado un acuerdo para construir un proyecto solar de 10.5 megavatios en tres modernos edificios logísticos en Nueva Jersey, desarrollados por Trammell Crow Company y CBRE Investment Management. El proyecto, que abarca más de 1.1 millones de pies cuadrados, proporcionará energía eléctrica limpia a través del Programa de Energía Solar Comunitaria de Nueva Jersey, beneficiando tanto a los inquilinos de CBRE IM como a los residentes locales.
Se espera que la instalación solar sirva hasta 1,800 hogares al finalizar. Como pionero en la Energía Solar Comunitaria, Altus Power actualmente atiende a más de 30,000 suscriptores en todo el país, ofreciendo ahorros en energía a través de descuentos en las facturas sin requerir que los clientes instalen o mantengan sus propios paneles solares.
알투스 파워 (NYSE: AMPS)는 트래멜 크로우 컴퍼니와 CBRE 투자 관리가 개발한 뉴저지에 있는 세 개의 현대 물류 건물에 10.5메가와트 태양광 프로젝트를 구축하기 위한 계약을 발표했습니다. 110만 평방피트를 넘어서는 이 프로젝트는 뉴저지 커뮤니티 태양광 에너지 프로그램을 통해 청정 전력을 제공하여 CBRE IM 세입자와 지역 주민들에게 혜택을 줄 것입니다.
태양광 설치는 완료 후 1,800 가구에 전력을 공급할 것으로 예상됩니다. 커뮤니티 태양광 분야의 선구자로서 알투스 파워는 현재 전국에서 30,000명 이상의 구독자에게 서비스를 제공하며, 고객이 자체 태양광 패널을 설치하거나 유지할 필요 없이 공과금 할인으로 청정 에너지 절감을 제공합니다.
Altus Power (NYSE: AMPS) a annoncé un accord pour construire un projet solaire de 10,5 mégawatts sur trois bâtiments logistiques modernes au New Jersey, développés par la Trammell Crow Company et CBRE Investment Management. Le projet, qui s'étend sur plus de 1,1 million de pieds carrés, fournira de l'énergie électrique propre grâce au programme d'énergie solaire communautaire du New Jersey, bénéficiant à la fois aux locataires de CBRE IM et aux résidents locaux.
L'installation solaire devrait desservir jusqu'à 1 800 ménages une fois terminée. En tant que pionnier de l'énergie solaire communautaire, Altus Power sert actuellement plus de 30 000 abonnés à l'échelle nationale, offrant des économies d'énergie grâce à des réductions de factures sans exiger que les clients installent ou entretiennent leurs propres panneaux solaires.
Altus Power (NYSE: AMPS) hat eine Vereinbarung zur Errichtung eines 10,5-Megawatt-Solarprojekts auf drei modernen Logistikgebäuden in New Jersey angekündigt, die von der Trammell Crow Company und dem CBRE Investment Management entwickelt wurden. Das Projekt, das sich über mehr als 1,1 Millionen Quadratfuß erstreckt, wird saubere elektrische Energie über das Community Solar Energy Program von New Jersey bereitstellen und sowohl den Mietern von CBRE IM als auch den örtlichen Bewohnern zugutekommen.
Die Solaranlage wird voraussichtlich bis zu 1.800 Haushalte nach Fertigstellung versorgen. Altus Power ist als Pionier im Bereich Community Solar derzeit für mehr als 30.000 Abonnenten landesweit tätig und bietet Einsparungen bei der sauberen Energie durch Rabatte auf die Stromrechnung, ohne dass Kunden eigene Solarpanels installieren oder warten müssen.
- New 10.5-megawatt solar project agreement secured
- Project will serve up to 1,800 households
- Partnership with major real estate players CBRE IM and TCC
- Expansion of footprint in New Jersey market
- None.
Insights
Clean Electric Power Generated from Project to Benefit New Jerseyans Through the State’s Community Solar Energy Program
“The introduction of this solar project in the heart of the Central New Jersey Industrial Market marks a significant milestone in our partnership with CBRE IM and TCC and our shared commitment to delivering sustainable energy solutions,” said Brett Phillips, Director, Investment and Structured Finance, Altus Power. “With the addition of these assets, we are not only expanding our footprint in the Garden State but also delivering meaningful benefits to the communities we serve.”
“CBRE IM and TCC’s intent in developing Arsenal Trade Center was to meet the demand for modern logistics space while providing valuable economic development to the area. We also understand that users that want to occupy these next-generation assets are more likely to demand access to lower-cost, renewable energy to support their business operations,” said Jesse Harty, Head of Logistics for Americas Direct Real Estate at CBRE IM. “This community solar project with Altus Power has the ability to help our tenants reduce their energy costs and support their sustainability goals, while providing local residents with discounted solar energy.”
“This project with Altus is the latest example of how CBRE and Altus are helping to accelerate the opportunities to provide customers with access to lower-cost energy that is also carbon-free,” said Rob Bernard, CBRE’s Chief Sustainability Officer. “At CBRE, we are working with our clients to show that more sustainable buildings can also be more economical – for property owners and for tenants.”
Upon completion the clean electric power generated by the solar project is expected to benefit up to 1,800 households. Altus Power’s distributed solar generation systems are at the core of its mission to support enterprises and households in achieving their sustainability goals.
As one of the pioneers of Community Solar, Altus Power currently serves more than 30,000 subscribers nationwide. Community Solar provides homeowners and renters of all income brackets with the benefits of clean energy savings in the form of discounts on their utility bills without requiring customers to install or maintain their own solar panels. To learn more, visit https://www.altuspower.com/community-solar.
About Altus Power
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Jenny Volanakis
mediarelations@altuspower.com
Source: Altus Power, Inc.
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