Stamford, CT – Altus Power, Inc. and High Street Logistics Properties, LLC announced an exclusive strategic partnership to develop and construct clean electrification solutions at High Street’s industrial owned real estate properties nationwide.
Altus Power and High Street plan to deploy solar across High Street’s currently owned portfolio of 144 industrial and logistics assets totaling over 18.2 million sq. ft. In addition to the building-sited, locally generated solar power, Altus Power and High Street plan to implement battery storage and fleet electric-vehicle charging infrastructure across the portfolio. High Street’s industrial properties offer large, unused rooftops which are well suited for Altus Power’s commercial-scale solar arrays.
High Street will also become one of the first Altus Power customers to benefit from its AI-powered Carbon Dashboard. The Carbon Dashboard is a comprehensive software-as-a-service platform developed by Altus Power to deliver clean power usage insights to clients as they strive to achieve ambitious net-zero goals. As new solar arrays are completed, High Street can use the Carbon Dashboard to monitor savings from each individual solar asset and additionally to measure carbon emitted across its portfolio, which can assist in their reporting to real estate ESG benchmarks such as GRESB and other ESG reporting protocols.
“Our partnership with Altus Power will accelerate the achievement of High Street’s sustainability objectives,” said Bob Chagares, chief executive officer of High Street. “Altus Power’s turnkey solution and national expertise provide High Street with the ideal clean energy partner for our mission of achieving net zero by 2050.”
