Jamestown, a global real estate investment and management company, announced the installation of solar energy systems at The Exchange at Larkspur Landing, located in Larkspur, California, north of San Francisco. The exchange covers an area of approximately 196000 square feet and 9.4 acres.

Jamestown has partnered with commercial energy solutions provider Wunder to deploy a 350 kW solar system that is expected to save energy costs while reducing the property's impact on the environment. The system was launched in June and is expected to generate 570320 kilowatt hours of electricity in its first year of operation. The solar project landed by Lakspo is part of a broader partnership with Wunder aimed at evaluating and deploying solar energy in suitable locations within the Jamestown real estate portfolio and development channels.

As real estate owners/operators and developers, we recognize the important role we play in the transition to clean energy. Sustainability has long been a top priority in our business strategy, and we believe it will be a core element of our future success, "said Michael Phillips, President of Jamestown

Since the launch of the sustainable development plan in 2008, Jamestown has integrated sustainable development practices into its entire operation. After achieving a 20% reduction in energy and greenhouse gas emissions by 2020, Jamestown has set a new goal of achieving net zero operational carbon emissions by 2050. The company has also adopted the United Nations Sustainable Development Goals and Scientific Carbon Target Initiative, committing to reducing greenhouse gas emissions from its properties and landlords by 30% from the 2018 baseline year by 2030, and measuring and reducing emissions from its third-party sources.

In order to align with Jamestown's broader sustainable development goals, the Lakspo Wharf Exchange is based on environmental management. All three buildings on campus have obtained LEED Platinum or Gold certification, with an average Energy Star score of 86 points in 2023. In addition to the solar energy system, the campus also features a central courtyard, abundant green spaces with outdoor seating, electric vehicle charging stations, and bicycle parking lots.