Brookfield to Power Its US Office Buildings With Zero-Emissions Electricity
- Transition will be complete by 2026, real estate owner says
- Firm sees effort setting a precedent for the property industry
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Brookfield Properties, one of the biggest commercial landlords in the US, plans to power all of its office properties in the country with zero-emissions electricity in the coming years.
More than 65% of Brookfield’s office space will shift to zero-emissions electricity by 2024, and the rest will be completed over the next two years, the company said in a statement Wednesday. Brookfield’s moves are expected to cut the total direct carbon emissions of the company’s US office portfolio by about 80%.