Sembcorp added that the agreement is not expected to have a material impact on the earnings per share and net asset value per share of the group for the financial year ending Dec 31, 2019. When completed, CapitaLand will house Singapore's largest combined rooftop solar farm by a real estate company, with the aim of providing renewable energy and significantly lowering CapitaLand's carbon footprint. CapitaLand said that these efforts would also bring the group closer to its new sustainability targets to generate at least 20 per cent energy consumption from renewable energy for its enlarged global portfolio by 2025. The group's chief sustainability officer Lynette Leong said that following the group's recent integration with Ascendas-Singbridge, it will now leverage a wider network of properties to "contribute meaningfully towards sustainability".