Politics & MoneyDealmakingProptechReal EstateReal Estate TechTechnology

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.

Latest Articles

Content from our partners

Log In

Forgot Password?

Don't have an account? Please

Register

Forgot Password

Please enter your registered email address below to receive a password reset link.

Check Your Email

A password reset email has been sent to the email address on file for your account, but may take several minutes to show up in your inbox. Please wait at least 10 minutes before attempting another reset.

Welcome to FinAssist

Go to your inbox and open 'Welcome to FinAssist, your company discovery platform' to get started. You may also skip your inbox and 'Start tutorial'.