# CLPe and Great Eagle Sign MoU

- Link: https://www.thailand-business-news.com/pr-news/clpe-and-great-eagle-sign-mou
- Published: 2026-05-18T13:45:00+07:00
- Author: PR Newswire

**Taking Cordis, Hong Kong as the Starting Point to Accelerate Green Transformation
across Properties in Hong Kong and the Chinese Mainland**

HONG KONG, May 18, 2026 /PRNewswire/ — CLP_e_ and Great Eagle Group (Great Eagle)
are collaborating to provide Cooling-as-a-Service at Cordis, Hong Kong, a hotel 
owned by Langham Hospitality Investments Limited under Great Eagle. As part of the
collaboration, CLP_e_ will enhance the hotel’s energy performance with a new high-
efficiency cooling system equipped with advanced artificial intelligence (AI) management
technologies.

The two parties have further signed a Memorandum of Understanding (MoU) to explore
extending the successful model of innovative energy management to Great Eagle’s 
portfolio of hotels, shopping malls and office buildings in Hong Kong, as well as
its hotel properties in the Chinese Mainland. The collaboration supports Great Eagle’s
target of achieving net-zero impact by 2045, provides a leading example for the 
industry in embedding sustainability into core operations, while contributing to
the carbon neutrality targets of Hong Kong and the country by 2050 and 2060 respectively.

[⌊CLPe Managing Director Mr Ringo Ng (left), and Great Eagle Group Executive Director
Mr Alexander Lo (right), sign a MoU to jointly explore one stop decarbonisation 
and energy management solutions for Great Eagle’s properties in Hong Kong and the
Chinese Mainland, supporting the portfolio’s transition towards a low carbon future⌉⌊
CLPe Managing Director Mr Ringo Ng (left), and Great Eagle Group Executive Director
Mr Alexander Lo (right), sign a MoU to jointly explore one stop decarbonisation 
and energy management solutions for Great Eagle’s properties in Hong Kong and the
Chinese Mainland, supporting the portfolio’s transition towards a low carbon future⌉[
CLPe Managing
Director Mr Ringo Ng (left), and Great Eagle Group Executive Director Mr Alexander
Lo (right), sign a MoU to jointly explore one stop decarbonisation and energy management
solutions for Great Eagle’s properties in Hong Kong and the Chinese Mainland, supporting
the portfolio’s transition towards a low carbon future

Located in Mong Kok, Cordis, Hong Kong is a 42-storey High Tariff A hotel. The project
will be delivered under the Build‑Own‑Operate‑Transfer (BOOT) model over a 15-year
period. CLP_e_ will design a new-generation high‑efficiency water‑cooled air‑conditioning
system tailored to the hotel and be responsible for its operation and maintenance.
Equipped with AI technologies for system monitoring, intelligent control and data
management, the new system will reduce electricity consumption by approximately 
40% compared with the existing system, equivalent to a reduction of around 600 tonnes
of carbon emissions a year. The project will support Cordis, Hong Kong in implementing
its Sustainability and Energy Efficiency Policy and assist Great Eagle in achieving
its decarbonisation targets.

In addition, the two parties will deepen the collaboration by exploring extension
of the energy management model to Great Eagle’s property portfolio in Hong Kong 
and the Chinese Mainland, driving broader and more comprehensive sustainable development.

 1. **Accelerating Low‑Carbon Transformation at Hong Kong Flagship Properties Both 
    parties will continue to explore low-carbon transformation solutions applicable
    to Great Eagle’s flagship properties in Hong Kong. The one-stop energy solutions
    to be explored covering cooling system upgrades, renewable energy applications,
    battery energy storage systems, electric vehicle charging, smart energy solutions,
    retro‑commissioning and energy audits, fully supporting Great Eagle’s Climate Leadership
    Strategy.
 2. **Extending Hong Kong’s Successful Experience to Projects in the Chinese MainlandThe
    collaboration will expand the scope of exploration to Great Eagle’s hotel properties
    in the Chinese Mainland. Energy management and energy‑saving solutions will be 
    tailored to the operational needs of individual properties, accelerating the decarbonisation
    progress across Great Eagle’s overall property portfolio.
 3. **Joint Development of a "Low-Carbon Impact Building Playbook"By consolidating 
    project implementation experience and operational data, the two parties will jointly
    develop a "Low-Carbon Impact Building Playbook" with net-zero impact as its objective.
    The Playbook will provide practical guidance across building planning, design, 
    daily operations and upgrade retrofits, offering the industry, as well as local,
    Mainland and overseas markets a reference framework in pursuing low‑carbon transformation.

CLP_e_ Managing Director Mr Ringo Ng said, "CLP_e_ will deliver a one‑stop, high‑
efficiency cooling solution for Cordis, Hong Kong, which not only underscores our
role as a trusted energy partner, but also marks a new chapter in advancing building
energy retrofit initiatives. The collaboration goes beyond improving energy performance
at a single property by setting a benchmark for low‑carbon transition across the
industry. Looking ahead, CLP_e_ will continue to advance innovative energy solutions,
support Great Eagle in achieving its net‑zero ambitions, and add green momentum 
to Hong Kong and cities across the Chinese Mainland."

Great Eagle Group Executive Director Mr Alexander Lo said, "Great Eagle is pleased
to collaborate with CLP_e_ to accelerate the green transformation of our properties
through innovative solutions. Guided by our Climate Leadership Strategy, we are 
fully committed to advancing energy conservation and emissions reduction. This collaboration
marks an important milestone on our journey towards net‑zero impact by 2045 and 
reflects our determination to promote sustainable development. Starting with Cordis,
Hong Kong, we look forward to leveraging the strengths of both parties to enhance
energy efficiency and create long‑term value for the industry."

The new high‑efficiency water‑cooled air‑conditioning system at Cordis, Hong Kong
is scheduled to commence full operation in the second quarter of 2027. The project
will adopt next-generation chiller system using eco-friendly refrigerants with low
Global Warming Potential (GWP), in line with the Hong Kong SAR Government’s _Ozone
Layer Protection (Amendment) Ordinance 2025 _to phase out conventional refrigerants
in order to mitigate the impacts of global warming.

In response to the Development Bureau’s initiative to promote innovation in the 
construction industry, CLP_e_ will apply advanced construction technologies such
as Building Information Modelling (BIM) and Multi-trade integrated Mechanical, Electrical
and Plumbing (MiMEP) in the project. This marks Great Eagle’s first application 
of these technologies in Repair, Maintenance, Alteration and Addition (RMAA) works
for an existing building, helping to enhance construction efficiency, quality and
safety, reduce construction waste and minimise disruption to hotel operations.

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