Growthpoint Interactive Annual Report 2018
Planned renewable energy projects being investigated through FY19 599 Main North Rd, Gepps Cross, SA t t Negotiating with tenant regarding $50 to $60 million expansion of Gepps Cross t t Exploring the use of sustainable energy options including the proposed addition of a 1.6MW solar farm Botanicca 3, 572-576 Swan St, Richmond, VIC t t Design and construct building contract for the Botanicca 3 development includes provision for a total of 120kW solar photovoltaic roof mounted installation. t t Detailed design is currently underway t t Structural and spatial provision for future battery storage infrastructure (for connection to solar PV system) is being considered as part of the project t t Project completion scheduled for second half of CY20 75 Dorcas St, South Melbourne, VIC t t Feasibility study completed to identify most viable solar projects within Growthpoint portfolio t t Dorcas Street suitable investment proposition based on: — — Size of roof — — Payback period — — Percentage offset of existing energy usage t t Systems to generate up to 200kW t t Estimated savings of ~300tCO2-e per annum t t Emissions saving equivalent to taking 66 cars off the road for a full year t t Project to progress through FY19 Planned solar installations Growthpoint Properties Australia 2018 Annual Report 13 Financial Report Portfolio Review Financial Management Business Overview Governance Additional Information
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