ESR HK has signed a memorandum of understanding with CLP Power Hong Kong (CLP Power) and CLPe Group (CLPe) to develop sustainable data centres and logistics centres in Hong Kong and the Greater Bay Area in southern China.

Under the agreement, CLP Power and CLPe will leverage their energy and infrastructure solutions expertise to assist ESR in creating data and logistics centres projects, covering design, construction, and operational aspects.

CLP Power managing director TK Chiang said his company would work with ESR and provide one-stop energy efficiency solutions and support for its development projects to reduce overall carbon emissions.

CLPe group managing director, Alex Keisser said: “We will help ESR implement comprehensive infrastructure and energy management solutions for cooling, solar, electric vehicle charging and smart technology solutions in its projects, for sustainable business development.”

“We are very excited to join hands with like-minded parties like CLP Power and CLPe to make great things happen. Every step we take will bring us closer to accomplishing our green ambition,” said Jeffrey Shen and Stuart Gibson, co-founders and Co-CEOs of ESR.

They said ESR’s aim was to create a network of agile, scalable and green digital infrastructure that interconnects businesses and individuals in the digital economy. The collaboration between CLP Power, CLPe and ESR will help the pan-Asian logistics group ESR in mapping out its green initiatives for projects in Hong Kong.

As well, Shen and Gibson said they aimed to set out metrics that could potentially be used for green financing, such as sustainability-linked loans.

To read the latest edition of the latest IPE Real Assets magazine click here.