Filinvest Land Inc. is looking at putting up renewable energy generation facilities in its newest industrial development Filinvest Innovation Parks at New Clark City and Ciudad de Calamba.
The realtor said it has tapped into sister company Filinvest-ENGIE Renewable Energy Enterprise Inc. (FREE) for the initiative, inking a memorandum of understanding to explore opportunities.
Filinvest Innovation Park at New Clark City is a 120-hectare sustainable business hub within the 288-hectare Filinvest New Clark City while the one at Ciudad de Calamba is a 25-hectare industrial development .
The newly-inked renewable energy initiative will be the first-of-its-kind for Filinvest Land’s industrial and logistics business segment.
The company said the partnership will harness the combined expertise of Filinvest and ENGIE to develop sustainable energy solutions such as solar, district cooling, and facilities management to power smart, future-forward cities that drive and accelerate progress while reducing their carbon footprint.