Large Commercial Real Estate Developer Enters Strategic Partnership With Clean Energy Company For Distributed Generation, Other Electrification Services
March 29, 2022 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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Trammell Crow Company (TCC), which is said to be the nation’s largest commercial real estate developer, and Altus Power, Inc. announced a strategic partnership to bring Altus Power’s clean electrification solutions to TCC’s real estate development projects.
Under the terms of this multi-year strategic partnership, TCC will engage Altus Power to bring solar power generation, battery storage and electric-vehicle charging to its development portfolio.
The initial focus will be 35 million sq. ft. of U.S. industrial assets in TCC’s development pipeline. This partnership is expected to generate 300 MW of building-sited, locally generated solar power across the United States over the next three to four years, with battery storage capacity and electric-vehicle charging.
TCC and Altus Power plan to expand the partnership to include other assets in the future.