DWS will supply green energy to its European real estate assets

MADRID, 20 May.

DWS will supply green energy to its European real estate assets

MADRID, 20 May. (EUROPA PRESS) -

The asset manager DWS will supply green energy in the common areas of its European real estate assets, which includes 150 buildings in 12 countries, after the execution of the centralized program 'Green Energy Procurement' on the acquisition of green energy that it has carried out during the last year and a half.

In this way, the total number of buildings in the European portfolio of DWS supplied with green energy in common areas amounts to almost 300.

The firm has explained in a statement that all the energy purchased is backed by Renewable Energy Certificates of Guarantee of Origin (REGO), which will allow DWS to avoid the emission into the environment of around 130,000 tons of carbon dioxide. of carbon during the term of the respective lease agreements.

The bidding process, which includes the supply of electricity and natural gas, guarantees the price until the end of 2023 or 2024, depending on each local market.

"Sustainability in real estate is really important. In addition to our own programs, which combine the provision of risk-adjusted returns with measures that minimize environmental risks and reduce operating costs, we continue to engage with our tenants to join us", highlighted the head of real estate asset management for Europe at DWS, Benita Schneider.


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