Leading Singaporean solar firm, Sunseap Group, announced a partnership on 20 February 2020 with Boustead Projects for the potential installation of rooftop industrial solar energy systems at Boustead’s real estate projects.
Boustead is a real estate solutions provider in Singapore, with core engineering expertise in the design-and-build and development of smart eco-sustainable business park and industrial developments for clients including Forbes Fortune 500, S&P 500 and Euronext 100 corporations. It has constructed and developed more than 3,000,000 square meters of real estate in Singapore, China, Malaysia and Vietnam.
Boustead’s wholly-owned subsidiary Boustead Funds Management has signed a framework agreement with Sunseap Leasing for the collaboration. Through the partnership, Boustead intends to better utilize rooftop space at its portfolio of leasehold properties and managed real estate projects. Sunseap will be Boustead’s exclusive solar energy partner and preferred electricity retailer in Singapore. Sunseap will also be able to offer clean energy solutions and retail lower-cost energy to Boustead’s clients and tenants.