Sankei Building and Tokyu Land Corporation Group Launch PPA Initiative Combining On-site and Virtual Models

Sankei Building Co., Ltd., Tokyu Land Corporation, and ReENE Co., Ltd. announced the launch of an 'On-site PPA x Fixed-price Virtual PPA' initiative as part of efforts to reduce CO₂ emissions at logistics facilities owned and operated by Sankei Building. Sankei Building will begin utilizing renewable energy based on this initiative at 'SANKEILOGI Sendai Izumi' from May 29, 2026, and 'SANKEILOGI Tsurugashima' from June 1, 2026, to further promote decarbonization and effective use of surplus renewable energy. In logistics facilities, while self-consumption is promoted through rooftop solar power generation, there have been cases where renewable energy remains surplus due to differences between generation and demand. By combining 'On-site PPA' for facility decarbonization with 'Fixed-price Virtual PPA' to utilize the environmental value of surplus electricity, the companies will strengthen their decarbonization efforts. This initiative will supply approximately 1,550,000 kWh of renewable energy annually and contribute to a reduction of approximately 700,000 kg-CO₂ per year.