Intervest Offices has taken a major step towards the use of green
energy by the conclusion of a contract for the purchase of green
power. In addition, the roofs of logistic centres will be used to
generate electricity by means of solar cell technology.
Intervest Offices has concluded a contract with the electricity
supply company Electrabel to purchase green power (AlpEnergie) as
from 1 June 2009. Due to the multi-tenant character of its portfolio
the company is ideally placed to play a leading role in the energy
consumption of the common spaces and equipment. The conditions of the
new contract are very attractive. On the average annual cost more
than 10 % savings will be realised (depending on the consumption).
The tenants will benefit of these cost savings through lower common
charges for the same consumption.
In addition to the purchase of green power, the production of
climate-neutral energy will start this year by installing solar
panels on the roofs of three logistic properties. These properties
are located in Boom (Industrieweg 18), Puurs (Veurstraat 91) and
Wommelgem (Koralenhoeve 25). Solar panels will be installed on
approximately 88.000 mÂ² of roof area.
Intervest Offices has opted not to invest in the construction of the
photovoltaic system. For the construction of this project a 20-year
superficies agreement has been concluded with Invictus, a company
specialised in the realisation of such large-scale projects. Invictus
will also manage and operate the system. At the end of the
superficies agreement the system has to be removed by the holder of
the superficies. Intervest Offices has the right the keep the system
for a price to be determined at that moment.
The income of the superficies agreement that Intervest Offices
realises depends on the total installed capacity. This capacity is
estimated at approximately 5.304 KW peak power. The annual indexed
net income will be approximately Â¤ 106.000 from the time the system
goes life, which is expected to be in the course of 2009.
Part of the generated power can also be purchased by tenants of the
respective buildings at attractive rates, allowing them to reduce
their operating costs.
With the above mentioned actions, sustainability occupies a prominent
place on the agenda.
Jean-Paul Sols - CEO: "Our initiatives concerning sustainability show
that economic aims and ecology are very well compatible. It is not
only a matter of corporate social responsibility but it also further
strengthens the dialogue with our tenants."
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