Jakarta – PT Colliers International Indonesia has partnered with PT Investasi Hijau Selaras (HIJAU) to introduce a smart cooling solution with zero capital expenditure (CAPEX). This collaboration targets commercial property sectors such as office buildings, hotels, shopping centers, and industrial estates with high cooling demands.
Managing Director of PT Colliers International Indonesia, Michael D. Broomell, stated that the partnership is part of the company’s strategy to build a credible green technology ecosystem in Indonesia.
“Through the Cooling as a Service (CaaS) model, we aim to deliver measurable energy efficiency solutions without burdening clients with upfront investment costs,” Michael said in a written statement.
Large Market, High Energy Consumption
Colliers sees significant market potential for smart cooling solutions in Indonesia. As a tropical country, air conditioning systems are a vital component of building operations and can account for up to 40–60% of total electricity consumption in commercial buildings.
At the same time, various energy efficiency studies show that optimizing HVAC systems has the potential to reduce energy consumption by 10–50%, while also significantly lowering carbon emissions.
“This zero-CAPEX model opens opportunities in markets previously constrained by upfront costs, while also addressing the growing demand for efficiency and higher ESG standards,” Michael explained.
Under this partnership, Colliers will play a role in identifying potential clients, facilitating discussions, and ensuring that the proposed solutions align with operational needs and sustainability targets.
HIJAU Handles Everything, Clients Simply Use the Service HIJAU’s
Head of Business Development, Fahmi Rijal Fahmi, explained that the solution adopts a full-service concept with no upfront investment required.
Under this scheme, HIJAU manages all aspects ranging from financing, installation, operations, to maintenance of the cooling system. Meanwhile, clients only pay based on service usage.
“With this approach, customers can immediately benefit from energy efficiency without being burdened by CAPEX or technical risks,” said Fahmi.
He added that the model also provides performance assurance, cost transparency, and helps companies maintain healthy cash flow by shifting expenses into operational expenditure (OPEX).
Focusing on Older Buildings with High Efficiency Potential
HIJAU prioritizes implementation in high-rise office buildings, shopping centers, and hotels—particularly older buildings that have been operating for years.
This segment typically has complex HVAC systems with significant opportunities for energy efficiency improvements, especially through retrofitting or system modernization.
“Without requiring major upfront investment, building owners can improve asset performance while maintaining service quality for tenants,” he said.
Supporting ESG Targets and Reducing Emissions
In addition to cost efficiency, the CaaS model is considered capable of supporting companies in achieving their sustainability targets. With more efficient cooling systems, electricity consumption can be reduced, helping lower indirect emissions (Scope 2).
This step is increasingly important considering that the building sector contributes around 30% of global energy consumption and remains one of the largest sources of carbon emissions.
“Green buildings and net zero are no longer just trends—they have become business necessities,” Fahmi added.
From Initial Projects to Industry Standards
In the short term, Colliers is targeting the realization of pilot projects as concrete proof of the effectiveness of this solution in the Indonesian market.
In the long term, the partnership is expected to grow into part of a broader sustainability solutions ecosystem, where energy efficiency becomes the new standard in commercial property management.
“Our hope is that energy efficiency will no longer be an option, but a baseline standard for the property industry moving forward,” Michael concluded.