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LMIR Trust Boosts Green Energy Initiatives
Company Announcements

LMIR Trust Boosts Green Energy Initiatives

Lippo Malls Indonesia Retail (SG:D5IU) has released an update.

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Lippo Malls Indonesia Retail Trust (LMIR Trust) is enhancing its sustainability efforts by expanding its solar power installations through rental scheme agreements with PT Investasi Hijau Satu. This expansion includes the installment of on-grid photovoltaic solar panels at three of its malls, with an expected reduction of over 44,893 tonnes of carbon emissions across 25 years. This move is part of the Trust’s strategy to decrease operational costs, reduce energy dependency, and create long-term value for stakeholders and the environment.

For further insights into SG:D5IU stock, check out TipRanks’ Stock Analysis page.

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