Building businesses and investing in the infrastructure sector is a logical next step for GLP.
Our investment in renewable energy infrastructure leverages and supports our core logistics real estate business by generating renewable energy through large-scale solar, wind, rainwater and other renewable technologies to make our business more efficient and benefit our customers and communities.
Our investments in transportation infrastructure support our core logistics real estate business by strengthening our warehouse ecosystem to make it more efficient and benefit our customers.
And as proven logistics real estate investors, developers and operators, we are using our expertise in capital management, development, land acquisition and operations to build the most efficient Internet Data Center business.
GSP Renewable Energy
Internet Data Centre
In 2018, GLP established a joint venture with Brookfield to build China’s largest platform for distributed solar energy on logistics and commercial rooftops.
The partnership intends to become China’s largest rooftop solar power provider with total installed capacity of 64 MW today covering 27 logistics and industrial parks growing to 300 MW by 2021 and one gigawatt over time, which is the equivalent to the annual consumption of approximately 750,000 households.
The partnership will leverage GLP’s growing footprint of logistics facilities in China and Brookfield’s extensive expertise as a leading global owner, operator and developer of renewable power assets.
In 2019, GLP invested in MS-306, a 220KM highway and key national transportation route in Brazil. This is the first investment in the highway segment made by the company, which has a team dedicated to prospecting and investing in infrastructure assets in the Brazilian market.
The MS-306 connects Brazilian agribusiness to the Southeastern ports. The agreement involves the development, upgrade, finance, operation and maintenance of the transit route that connects the municipalities of Cassilândia, Chapadão do Sul and Costa Rica, in the state of Mato Grosso do Sul.
The investment will support GLP’s core logistics real estate business by making the route more efficient and safer, allowing for the greater movement of goods.
GLP is developing GLP Huailai Internet Data Centre, a best-in-class T3+ data center in Hebei, Northern China with a total investment cost of approximately RMB10 billion (US$1.5 billion). The first phase of the development is expected to open in late 2020 and will provide 4,000 cabinets which can accommodate up to 60,000 servers. When fully built out, GLP Huailai Internet Data Centre will offer more than 15,000 cabinets or capacity for about 200,000 servers.