Real Estate Firm Joins Hands With LevelTen

Commercial Real Estate Users To Benefit From JLL & LevelTen Partnership

Real Estate Firm Joins Hands With LevelTen

As an estimated 40% of global carbon emissions come from the real estate and infrastructure industries, JLL has signed on LevelTen Energy to help its commercial real estate clients source clean energy. (Illustrative Photo; Photo Credit: Diyana Dimitrova/Shutterstock.com)

  • JLL & LevelTen Energy have joined hands to ensure renewable energy procurement for the former’s clients
  • LevelTen Energy will offer customized solutions to commercial clients of JLL
  • It will enable companies meet their decarbonization and sustainability goals

A commercial real estate firm, JLL will enable its clients to transition to clean energy by turning offtakers for renewable energy through its partnership with LevelTen Energy, a digital marketplace to procure renewable energy.

LevelTen Energy with its over 4,000 power purchase agreement (PPA) offers in 21 nations in North America and Europe will streamline request for proposals (RFP) process for JLL’s clients connecting them with renewable energy developers.

The partnership is aimed at ensuring prospective corporate offtakers to procure clean energy in an easier and faster way thereby achieving their sustainability targets and drive decarbonization efforts since real estate and infrastructure are counted to be responsible for some 40% of global carbon emissions.

LevelTen will provide customized solutions to various JLL clients basis their energy needs, budgets and socio-environmental impact priorities. A Fortune 500 company, JLL operates in more than 80 nations as part of the Jones Lang LaSalle Incorporated.

“The renewable energy procurement process is filled with regulations and incentives that vary region by region,” said Robbie Hobbs, Chief Product Officer at JLL Work Dynamics. “We’re excited to support clients throughout their sustainability journey, including the deployment and procurement of onsite and offsite renewables as part of decarbonizing their energy supply on their path to net zero carbon.”

LevelTen Energy is backed by investors including Google that contributed to the company’s $35 million Series C funding round in August 2021 (see LevelTen Energy Raises $35 Million Funding).

About The Author

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

Top Solar Modules Listing

Latest Conference Videos

Loading...
Subscribe To Our Taiyang NewsLetter 
Enter your email to receive our daily solar sector updates.