Metropolitan Warszawa secures cost and carbon emission savings for tenants via green energy agreement

FM newsroom – green energy, office. Metropolitan Warszawa continues to set standards by reducing energy costs by PLN 2 million and emissions by 11,200 tons over the next three years via a groundbreaking new green energy Power Purchase Agreement (PPA). Marking one of the first of its kind in the Polish real estate market, the agreement guarantees supplies of green energy from traceable renewable sources, which will result in significant benefits for tenants, both in ESG and financial terms.

The commitment to green energy directly benefits tenants

The agreement is groundbreaking due to its scale and focus on sustainability within the Polish real estate sector, where market practices for PPAs are still emerging. The agreement with Ekovoltis, an expert in green energy trading, would ensure that part of the energy used by Metropolitan Warszawa comes from photovoltaic panels under the PPA, while the remaining energy sourced from the day-ahead market would come from Polish renewable production sources. Over the contract, roughly 20 gigawatt hours (GWh) of electricity will be supplied from these green energy sources. The energy supply is fully traceable and certified, ensuring transparency and accountability. Furthermore, the photovoltaic panels supplying the energy are located in Poland, contributing to local renewable energy development.

Thankoptimisedmised power procurement, the overall costs incurred by tenants of Metropolitan Warszawa are expected to decrease by almost PLN 2 million over the next three years, representing an approximate 15% reduction in energy expenses (based on a comparison between the forecasted average market energy prices and the fixed, lower rate secured through the PPA). This cost-saving and commitment to green energy directly benefit tenants by enhancing their corporate ESG alignment. By choosing spaces powered by renewable energy, tenants can bolster their sustainability credentials, meet environmental goals, and strengthen stakeholder trust.

The PPA will also reduce CO2 emissions by approximately 11,200 tons over the contract period based on the CO2 emission factor for Poland. This reduction is equivalent to removing approximately 2,240 cars from the road annually or providing power to nearly 1,120 households for three years.

PPAs are a new type of agreement, and market practices in this area are still emerging. Metropolitan Warszawa is one of the first office buildings in Poland to use this solution in order to secure green energy for its tenants. We are proud that Metropolitan is once again setting trends and best practices in the market. The PPA brings tangible financial benefits through efficient cost management, while also delivering significant environmental benefits by reducing emissions through renewable energy supply. All these factors contribute to the long-term value of the property,” said Joanna Kowalska-Szymczak, founder and CEO of EBRU Capital, the asset manager for Metropolitan Warszawa.

The PPA model offers stability

A Power Purchase Agreement (PPA) is a long-term direct contract between an energy producer and a buyer, offering stable pricing and traceable energy sources. The PPA model offers stability thanks to the option to lock in energy prices over the contract term. This reduces pricing risks for the parties and enhances project security.

Westbridge Poland, a leading advisor in energy and sustainability for the real estate sector, played a crucial role by coordinating the tender process and negotiations.

„With the execution of this PPA, Westbridge Poland and Metropolitan Warszawa are setting a remarkable example for sustainable energy supply in the Polish real estate market. This agreement demonstrates how to successfully combine ecological responsibility with economic benefits – a win for the tenants and the environment”, said Hajo Engelke, Managing Director at Westbridge Poland.

Metropolitan Warsawa – a benchmark for high-tech, safe buildings

The Metropolitan Warszawa is a landmark building offering prime office spaces, exclusive service, and retail outlets. The Lord Foster designed property is located on Piłsudskiego Square in Warsaw, next to the Saxon Garden and just off the Royal Route. The property offers amenities, including a gym, cyclist facilities, underground parking with EV charging points, and a coffee shop. It has achieved a BREEAM Excellent rating. The WELL Health-Safety Rare recognises its exceptional safety procedures. The Metropolitan Warszawa has also earned WiredScore’s Platinum certification, the highest level achievable for digital connectivity, quality of telecommunications solutions, and contingency plans.

Share

You might also like