Investment Trust Dividends

RGL

REGIONAL REIT Limited

(“Regional REIT”, the “Group” or the “Company”)

Solar Panel JV with Sunbird Solar

Regional REIT Limited (LSE: RGL), the regional property specialist, is delighted to announce that it has entered into a joint venture with leading Pan-European solar PV developer, Sunbird Solar International Limited (“Sunbird“), to install solar panels on a number of the most suitable properties within the Company’s portfolio, making the properties more attractive to potential tenants.

Phase one of the installation programme will encompass 19 properties with an aggregate portfolio generation capacity of 4,173 kW and is expected to be completed within a year. Regional REIT will invest alongside Sunbird in the joint venture company called Sugarbird SolarCo (UK) Limited.

The joint venture will enhance the EPC credentials of the respective buildings, supplement and provide on-site green electricity to common parts and continue the ongoing momentum of reducing CO2 emissions by some 713 tonnes across the portfolio.

The annual solar electricity output of this first phase is equivalent to reducing the electricity usage of 1,270 average UK households, further demonstrating our commitment to long term sustainability that will deliver real impact at scale.

Sunbird is a leading Pan-European solar PV developer led by an experienced team of Commercial and Industrial solar specialists with decades of experience in developing, financing, designing, constructing, and maintaining solar and battery energy storage assets.

Stephen Inglis, Head of ESR Europe LSPIM, Asset Manager commented:

“We are delighted to be working with Sunbird on this important programme that reflects the Company’s significant ambition to deliver meaningful environmental enhancements. This important programme will reduce our portfolio’s carbon footprint and enable the properties to benefit from both lower maintenance and energy costs.”

Dave Colley, Director at Sunbird, commented:

“We’re really pleased to be working with Regional REIT on this exciting joint venture of improving the energy efficiency of the portfolio to the benefit of the properties, to the other stakeholders and the benefit of the environment.

Sunbird is able to bring its global experience in developing, engineering, installing and managing rooftop solar plants that are built to the highest standards to deliver green electricity for decades to come.”

2 Comments

  1. SactFlast

    This effect was independent of the duration of AI therapy best site to buy priligy canada

  2. SactFlast

    Females 20 275 mg priligy amazon canada

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

© 2025 Passive Income

Theme by Anders NorenUp ↑