Arena REIT are a real estate investment trust providing commercial properties for a substantial number of Early Learning Education centres across Australia.
On the verge of becoming an ASX200 company, Arena is committed to strategies that address sustainability challenges faced by Arena and Arena’s stakeholders and identifies opportunities to progress positive change.
Given the environmental and social footprint of its assets, Arena identified an opportunity to leverage its own sustainability initiatives to create a multiplier effect on its sustainability impacts by partnering with its tenants.
One of the many opportunities identified by the business to make a positive environmental change was the utilisation of renewable energy.
Following a rigorous research and quality assurance process, Infinite Energy were awarded with the rollout of more than 200 solar energy systems nationwide for Arena REIT tenants, including one of their most significant tenants, Goodstart Early Learning, with over 100 site locations.
With a combined solar generating capacity of 1.27MW, the 104 SunPower and Fronius solar PV systems are expected to offset 1,544 tonnes of CO2- e. each year, the equivalent of saving 5,761 trees, and reduce electricity spend for the portfolio by $356,507 in the first year alone.
To view the locations and details of each individual site, click here.
|Company||Goodstart Early Learning|
|Installation Date||Nov 2021 onwards|
|Industry||Education & Medical|
|Solution||Solar Power System - System Capacity 1.27MW
• 2,625 SunPower P3 485w panels
• 105 Fronius and SolarEdge inverters
|CO2- e. Abatement Per Year||1,544 tonnes|
|CO2 Equivalent Reduction||5,761 trees saved per year|
|Energy Output Per Year||1,979.3 MWh|