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Fortress Real Estate Investments surpasses 100m kWh of renewable energy generated since 2017

Fortress Real Estate Investments surpasses 100m kWh of renewable energy generated since 2017

Fortress Real Estate Investments has generated 100 million kilowatt-hours (kWh) of renewable energy since the launch of its first rooftop solar photovoltaic (PV) installation in 2017.

The total output, equivalent to 100 gigawatt-hours (GWh) could power approximately 9 000 urban homes or 28 000 rural homes for a year. Since the launch of the programme, 9 310 solar panels and 401 inverters have been installed with the area covered by these panels 205 000m2 – equivalent to 30 rugby fields and representing almost one-third of Fortress’ total retail portfolio GLA.

As at the end of June 2025, Fortress operates 96 solar PV systems including sites in Poland and Romania with a total installed capacity of 35.49 MWac. By December 2025, it says its aims to add a further 10 plants, taking its total number of installations to 106 with an installed capacity at 37.71 MWac. The Company’s renewable energy penetration is estimated to increase from 18% currently to 24% by June 2026,

In addition to solar, back-up generators have been installed at 32 retail centres with a further 3 centres planned for installations by June 2026.

Fortress is also transforming utilities management through smart metering and in-house data platforms. Smart meters have been installed at 79% of the retail portfolio (30 centres) and another three centres planned for installation by June 2026, offering near real-time data on consumption and energy mix (grid, solar, diesel).

In 2024, the Company signed a 10-year wheeling agreement with Discovery Green, effective from Q4 2026. This will supply clean energy to 14 Eskom-supplied Fortress properties, covering at least 70% (and up to 100%) of electricity demand not met by on-site solar systems.

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