Potential offtaker

Healthpeak Properties, Inc.

www.healthpeak.com

Estimated electricity consumption

N/A

Countries of production presence

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Healthpeak Properties, Inc. is a real estate investment trust (REIT) that specializes in healthcare properties in the United States. The company was previously known as HCP, Inc. and rebranded as Healthpeak Properties, Inc. in 2019. The company has a market capitalization of $18.4 billion and is headquartered in Irvine, California.

Healthpeak Properties, Inc. owns and operates a diversified portfolio of healthcare properties, including senior housing, medical office buildings, life science facilities, and hospitals. The company's properties are located in major metropolitan areas across the United States, including New York, Los Angeles, and Chicago.

Healthpeak Properties, Inc. is committed to sustainability and decarbonization. The company has set a goal to reduce its carbon emissions by 25% by 2025. To achieve this goal, the company is implementing a range of initiatives, including energy efficiency upgrades and the adoption of renewable energy sources.

One of the key initiatives that Healthpeak Properties, Inc. is pursuing is the use of corporate power purchase agreements (PPAs) to source renewable energy. Corporate PPAs are long-term contracts between a company and a renewable energy provider that guarantee a fixed price for a set amount of renewable energy. By using corporate PPAs, Healthpeak Properties, Inc. can secure a reliable source of renewable energy while also reducing its carbon footprint.

In 2020, Healthpeak Properties, Inc. signed a 15-year corporate PPA with a wind farm in Texas. The PPA will provide the company with 50 megawatts of renewable energy, which is equivalent to the energy consumption of approximately 12,000 homes. The PPA will also help the company achieve its goal of reducing its carbon emissions by 25% by 2025.

Healthpeak Properties, Inc. is also investing in energy efficiency upgrades at its properties. The company has implemented a range of measures to reduce energy consumption, including the installation of LED lighting, the use of energy-efficient HVAC systems, and the implementation of building automation systems. These measures have helped the company reduce its energy consumption and carbon emissions.

In addition to its sustainability initiatives, Healthpeak Properties, Inc. is also committed to corporate social responsibility. The company has a range of programs in place to support its employees, communities, and stakeholders. The company's employee wellness program provides resources and support to help employees maintain their physical and mental health. The company also supports a range of charitable organizations, including the American Cancer Society and the Alzheimer's Association.

Healthpeak Properties, Inc. is a leader in the healthcare REIT sector, with a strong commitment to sustainability and corporate social responsibility. The company's focus on decarbonization, corporate energy, corporate PPAs, and renewable energy is helping to reduce its carbon footprint and secure a reliable source of renewable energy. As the company continues to grow and expand its portfolio of healthcare properties, it will remain committed to sustainability and corporate social responsibility.