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LMIRT enters rental scheme agreements to expand on-grid PV solar power installation

Ashley Lo
Ashley Lo • 2 min read
LMIRT enters rental scheme agreements to expand on-grid PV solar power installation
The group says that these agreements further reinforces the REIT’s “commitment to sustainability and effort to reduce carbon emissions”. Photo: LMIRT
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The manager of Lippo Malls Indonesia Retail Trust (SGX:D5IU) (LMIRT) has announced that the REIT has entered into rental scheme agreements with PT Investasi Hijau Satu, a renewable energy company specialising in rooftop solar photovoltaic (PV) panels in Indonesia.

Under these agreements, on-grid PV solar power systems are set to be installed at three of LMIRT’s malls - Mal Lippo Cikarang (second phase), Lippo Plaza Kramat Jati and Lippo Plaza Batu.

This comes on the back of a successful first phase installation at Mal Lippo Cikarang. 

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