Cache Logistics Trust's Changi Districentre 1. (Photo: Google Maps)

Cache Logistics Trust has partnered with utilities company Sembcorp to install, and operate rooftop solar farms at three of the REIT’s logistics warehouses in Singapore.

Under the arrangement, Sembcorp will install, own and operate rooftop solar panels atop Cache Logistics Trust’s Commodity Hub, Pandan Logistics Hub and Cache Changi Districentre 1.

These panels will be able to produce over 9,400 megawatt hours of power annually, or enough renewable energy to power more than 2,000 four-room HDB flats in a single year.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.