Solar, Sourcing Renewables  -  December 21, 2021

VGP to Use Renewable Electricity

VGP NV, will switch all its European office locations, including its 20 offices across 13 countries, to renewable energy.

The company, a European provider of logistics and semi-industrial real estate, said renewable energy will also be used at its new offices in France and Serbia in 2022. 

VGP signed a VPPA with Scholt Energy B.V., an independent energy supplier, and ACT Commodities B.V., the European energy trading house, to purchase 100% renewable electricity. 

The VPPA will provide power supplied from VGP’s existing solar farm on the roofs of VGP Park Nijmegen, Netherlands to VGP offices across Europe. The solar farm at VGP Park Nijmegen today has a combined power output of almost 4,400 MW hours in total of which 2,100 MW hour is currently being utilized by local tenants. Of the remaining output, around 450 MW  hours will be allocated to VGP’s offices across Europe and the rest is offered for purchase to Dutch companies and households by Greenchoice, the green energy provider.

“As a developer of prime logistics real estate, we know that sustainability is not just part of our business, it is our business,” said VGP’s Chief Executive Officer Jan Van Geet in a statement. “From offering green leases to our new tenants, making use of circular building materials and eliminating unnecessary waste at our building sites to supporting environmental projects through VGP Foundation, we are continuously looking for ways to reduce our environmental impact and aiming to ultimately have a net positive effect.”

The operation will be effective for all VGP offices by January 1, 2022. For the VGP offices in those countries with existing Scholt Energy operations it is the aim to switch to the new renewable energy contracts by the earliest contractual opportunity.