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Catalyze announces joint clean energy partnership with Stream Realty Partners

Catalyze, a clean energy transition company that develops, builds, owns and operates electric vehicle charging systems for commercial and industrial customers, announced today partnering with Stream Realty Partners to jointly develop on-site renewable energy at all of Stream’s industrial owned properties, according to a press release.

The release says that as a result Catalyze will deploy solar, battery storage and EV charging solutions across Stream’s development pipeline of over 40 million square feet, which equals approximately 450 megawatts of on-site solar and battery storage projects across 42 properties.

“Our partnership with Catalyze makes it effective and profitable to streamline deployment of clean energy solutions across our growing pipeline of industrial facilities, while supporting the power grid throughout our industrial portfolio,” stated Adam Jackson, Chief Investment Officer and Chairman of the ESG Committee for Stream.

“Catalyze’s vertical integration, financial capabilities, and national expertise make them an ideal clean energy transition partner for our mission of addressing emissions at scale across our national portfolio,” Jackson said.

The companies also stated that the partnership, which includes a Master Framework Agreement (MFA), will support Stream’s goals of alleviating strain on power infrastructure and enables Catalyze to “de-risk Stream’s costs and supply chains and accelerate construction across the pipeline.”

Catalyze says this will enable more rapid clean energy development and emission reductions, stating that commercial real estate (CRE) owners and developers have a large opportunity to reduce emissions and operating costs by implementing clean energy solutions.

“As the real estate industry moves ESG to the top of its priority list, owners are seeking simple, cost-efficient ways to integrate clean energy solutions and reduce emissions across entire portfolios,” said Steve Luker, Catalyze CEO.

“We’re proud to collaborate with Stream Realty Partners to demonstrate that leveraging technology, innovative contracting, and vertically integrated capabilities can make it easy and profitable to meet ESG and operational goals,” Luker said.

In other recent proptech news, CBRE opened a new flexible, high-tech office in Richardson, Texas. Reggora and Clear Capital also partnered to provide an enhanced appraisal quality control solution.

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