Building businesses and investing in the infrastructure sector is a logical next step for GLP. As expert investors, operators and developers we are leveraging our asset and fund management expertise, experience in the construction of high-quality, modern warehouses and ability to acquire land for development to build a competitive data infrastructure business in select global markets.
In China, GLP is one of the largest independent data center operators with assets that will deliver approximately 1,400 MW of IT capacity upon completion. To offset this high-energy-consuming industry we use technology and smart design to reduce power consumption and have deployed photovoltaic power generations in the data centers to reduce consumption in meaningful amounts.
Growing global demand for low-carbon and renewable energy has created opportunity for GLP to grow its solar energy business to 224 MW of capacity covering 2.4 million SQM. These panels generate over 235,000 MWh annually and significantly reduce CO2 emissions.
Our transportation infrastructure business supports our core logistics real estate business by strengthening our warehouse ecosystem to make it more efficient and benefit our customers.