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 duration, 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.

Thanks to optimised 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, combined with the commitment to green energy, directly benefits 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.

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 security for projects.

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.