Potential offtaker

Prologis

www.prologis.com

Estimated electricity consumption

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Prologis is a leading global provider of logistics real estate solutions, operating in the industrial REIT sector. The company has a portfolio of over 4,000 properties in 19 countries, totaling approximately 964 million square feet. Prologis is headquartered in San Francisco, California, and has a presence in major logistics markets around the world, including the United States, Europe, and Asia.

Prologis is committed to sustainability and has set ambitious goals to reduce its environmental impact. The company has a comprehensive sustainability program that focuses on three key areas: energy efficiency, renewable energy, and decarbonization. Prologis aims to reduce its greenhouse gas emissions by 20% by 2025, compared to a 2018 baseline.

One of the ways Prologis is achieving its sustainability goals is through corporate energy initiatives. The company has implemented energy efficiency measures across its portfolio, including LED lighting, HVAC upgrades, and building automation systems. These measures have resulted in significant energy savings and reduced operating costs for Prologis and its customers.

Prologis is also exploring the use of corporate power purchase agreements (PPAs) to increase the amount of renewable energy in its portfolio. PPAs are long-term contracts between a renewable energy provider and a customer, in which the customer agrees to purchase a specified amount of renewable energy at a fixed price. By entering into PPAs, Prologis can support the development of new renewable energy projects and reduce its reliance on fossil fuels.

In addition to PPAs, Prologis is investing in renewable energy infrastructure on its own properties. The company has installed solar panels on several of its buildings, generating clean energy to power its operations and reduce its carbon footprint. Prologis is also exploring the use of other renewable energy technologies, such as wind and geothermal, to further decarbonize its operations.

Prologis has been recognized for its sustainability efforts by several organizations, including the Global Real Estate Sustainability Benchmark (GRESB) and the Dow Jones Sustainability Index (DJSI). The company has also been named one of the World's Most Ethical Companies by the Ethisphere Institute for nine consecutive years.

In conclusion, Prologis is a leading global provider of logistics real estate solutions that is committed to sustainability and reducing its environmental impact. The company is implementing energy efficiency measures, exploring the use of corporate PPAs, and investing in renewable energy infrastructure to achieve its sustainability goals. Prologis has been recognized for its sustainability efforts by several organizations and is a leader in the industrial REIT sector.