News

Energy & Offshore

Staff Reporter

, Hong Kong

Published:

5 months ago

101 views

(Front row, from left) CLP Power Senior Director of Customer Success and Experience Ms Lena Low, Gaw Capital Managing Director for Asset Management (Mainland China and Hong Kong) Mr Alvin Lo, and CLPe Head of Building Energy Management Mr Frederick Wong sign a Memorandum of Understanding aiming to enhance the energy efficiency of Gaw Capital’s premises and achieve the company’s sustainability goals. (Second row, from left) CLP Power Managing Director Mr Joseph Law, Gaw Capital Managing Principal, Global Head of Capital Markets and Co-Chair of Alternative Investments Ms Christina Gaw, and CLPe Managing Director Mr Ringo Ng join as witnesses on the signing ceremony. (Photo via CLP Power)

Gaw Capital partners with CLP Power for sustainability initiatives

CLP Power will develop energy management solutions for Gaw Capital's properties.

CLP Power Hong Kong Limited, CLPe, and real estate private equity firm Gaw Capital Partners have signed a memorandum of understanding (MoU) to implement solutions enhancing energy efficiency and sustainability.

Under the agreement, CLP Power will look into energy management solutions for Gaw Capital's properties, including promoting low-carbon electrification projects and training employees to increase their awareness and knowledge of retro-commissioning.

CLP Power will also assist Gaw Capital in reducing its energy consumption and carbon emissions to meet the requirements of the sustainability-linked loan the latter applied for.

Meanwhile, CLPe will upgrade the existing cooling systems in Gaw Capital's properties to more energy-efficient ones. It will also provide advisory services for energy conservation projects to achieve its low-carbon business goals.

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