Media, News & Insights

A Partner with Japan: Renewable Energy Pledge

October 25, 2021


As a steadfast advocate for the Paris Agreement on climate change, the Japanese government had pledged to reduce the nation's dependency on nuclear energy in favor of other clean energy sources.

Fortress is pleased to be a partner in this effort by investing in 100-megawatt of solar power through a platform of solar photovoltaic systems in Kyushu, Japan and its recent portfolio of rooftop solar panels across 4,500 properties in Japan. Additionally, we’ve added solar panels on the roofs of approximately 1,000 buildings in our Village House portfolio, the largest non-governmental provider of affordable housing in Japan and largest provider of housing under the government’s Residential Safety Net Law (a program to provide lower rents to qualified tenants). We also continue to invest in energy saving efforts across our MyStays hotel portfolio.