Alta Energy Delivers Cost-Effective Solar Energy To The Village At Westfield Topanga

Woodland Hills, Calif. (August 3, 2016) – Westfield Corporation, a global leader in the design, development and operation of landmark retail destinations, is integrating solar energy into its newest Los Angeles area property called The Village at Westfield Topanga.  

The Village’s 820 kilowatt (kW) solar system, developed in partnership with Alta Energy, a solar analytics and procurement company, is expected to provide approximately 8% of the electricity used at the shopping center. This clean, renewable energy system brings Westfield’s solar capacity in the U.S. to more than 3 MW at five separate locations. Overall, Westfield now supplies 3.7% of its direct energy consumption with renewable energy.

“Long before construction of The Village at Westfield Topanga began, Alta Energy worked with us to establish the value of solar at this site and therefore maximize the project’s effectiveness,” said Scott Hartman, Westfield’s Vice President, National Operations. “Alta Energy guided us quickly through the solar analytics, specifications, and vendor selection so we could focus on our core business.”

Alta Energy CEO Sam Lee said, “This project demonstrates the economic value of designing a building to accommodate the needs of the solar system into the construction plans. That, along with significant incentives provided by Los Angeles Department of Water and Power (LADWP), made this project a clear winner.”

LADWP General Manager Marcie Edwards said, “The solar system at The Village at Westfield Topanga is a significant renewable energy project in the Los Angeles area, moving the region away from dependence on fossil fuels and toward cleaner, more sustainable and renewable energy sources. In the next decade, LADWP will completely transform its power supply to eliminate coal through a combination of increased energy efficiency and expanding renewable energy to 33% by 2020.”

When The Village at Westfield Topanga solar project comes online in the fall of 2016, it will increase rooftop solar in Los Angeles beyond its current total of nearly 190 MW.

Los Angeles City Councilmember Bob Blumenfield, who is Vice Chair of the Energy and Environment Committee of the City Council, said, “While I’m working with my partners at City Hall to green the San Fernando Valley and reduce reliance on fossil fuels, it’s very encouraging to see our private sector partners including Westfield respond to the need for clean energy. I’m happy to see solar panels coming to The Village at Topanga and look forward to continuing to collaborate on renewable energy and energy efficiency efforts by businesses throughout my district.”

Alta Energy’s comprehensive services to Westfield on this project included:
•       Evaluating Westfield’s properties for solar potential
•       Securing incentives from all available sources including LADWP;
•       Selecting vendors to participate in the multiple-bid RFP process;
•       Advising Westfield as they chose the ideal vendor;

Alta Energy will continue to partner with Westfield to consider additional solar projects, as market and policy conditions fluctuate.

For Westfield, the importance of sustainability is seamlessly integrated into company culture and operations. The aim of Westfield’s sustainable business practice is to operate safely and more efficiently, use energy more wisely, produce less waste, engage with the community, and build and redevelop shopping centers that make the most of new technology and new design techniques. This focus on sustainable operations is detailed within Westfield’s 2015 Sustainability Report, available at:
Alta Energy is an independent renewable energy analytics and procurement company that enables commercial and industrial property owners to identify and complete cost-effective solar and other renewable energy projects with ease. As an objective third party with a comprehensive approach, Alta Energy lets owners of industrial, office, retail, healthcare and agricultural properties see where, when and how a renewable energy system makes economic sense — for a single location or hundreds of sites nationally. In procurement, Alta Energy’s neutral, multiple-bid marketplace gives property owners more choice than any single vendor and gives clear apples-to-apples comparisons among possible technologies and service options. Property owners choose among pre-qualified bids to secure the right solution and the best terms for each project. By identifying profitable clean energy projects and matching them with the ideal vendors, Alta Energy accelerates the growth of renewable energy in the United States.

An outdoor oasis and destination experience unlike any other in the San Fernando Valley, The Village at Westfield Topanga showcases Costco and Crate & Barrel alongside premier fashion and lifestyle brands, stylish restaurants with al fresco patio dining, a full-service gym, spa and yoga studio, weekly farmer’s market, children’s play areas, bocce ball courts, relaxing open-air lounges, sleek event and entertainment spaces, exhibits by local artists and year-round music performances — all under a canopy of native trees and vegetation. The Village is located directly across the street from the indoor Westfield Topanga shopping center, with a trolley connecting the two properties.  

Westfield Corporation (ASX Code: WFD) is an internally managed, vertically integrated, shopping center group undertaking ownership, development, design, construction, funds/asset management, property management, leasing and marketing activities and employing approximately 2,000 staff worldwide. Westfield Corporation has interests in 34 shopping centers in the United States and the United Kingdom, encompassing approximately 6,500 retail outlets and total assets under management of $29 billion.

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Sam H. Lee is CEO and Founder of Alta Energy, a renewable energy analytics and procurement company that empowers commercial, industrial and agricultural enterprises identify and complete renewable energy projects efficiently and profitably. Lee has more than 20 years of venture capital experience building 40+ early stage technology and alternative energy companies. He is Founder & Managing Director ITV/Infinity Capital, and board member of several private technology companies. His education includes BSEE, MSEE & MBA.

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