23 Jul 2026

Evergreen Garden Care is the tenant at 53 Truman Lane in Mount Maunganui, owned by Pacific Property Fund.

The company has tenanted the facility since its establishment in 2014, as the first purchase for the Fund. Since then, Evergreen Garden Care has scaled its business nationally, and the facility has grown alongside it.

As part of this continuous evolution, and as part of PMG’s partnership with Sunergise, Evergreen implemented a 289 kWp grid-connected solar system in 2024.

Delivered through the Sunergise SunPlus Power Purchase Agreement (PPA), the system enables Evergreen Garden Care to access renewable energy without upfront capital investment, while improving long-term cost certainty and reducing carbon emissions. Since commissioning in September 2024, the system has contributed to improved energy efficiency and strengthened operational resilience at the site.

After 19 months, the =installation has resulted in:

  • 675 MWh of clean energy generated
  • ~50,000kg of CO₂ emissions avoided
  • 17.6% per kWh average energy cost savings

PMG’s collaboration with Sunergise reflects a broader focus on enhancing asset performance through practical, scalable sustainability initiatives.

To date, nine solar systems have been deployed PMG-managed sites, supporting our tenants to reduce operating costs while generating clean energy on-site. This approach demonstrates how targeted improvements can deliver both operational efficiencies and long-term value.

Read the full case study here.


Disclaimer: The information in this article is of a general nature and was current at July 2026. It is not intended to be regulated financial advice for the purpose of the Financial Markets Conduct Act 2013 and does not take your individual circumstances and financial situation into account. PMG does not provide financial advice. Please seek advice from a licensed financial advice provider before making any investment decisions.

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