Panattoni has been awarded a green loan from Berlin Hyp AG worth EUR 74.34 million for a logistics center in Bydgoszcz. The award of the green loan was conditional on the verification of the sustainability solutions installed in the center.
This is the first loan of its type to be issued by Berlin Hyp for a project in the logistics sector in Poland.
“The BTS development in Bydgoszcz is a huge project,” said Emilia Taczewska–Trojanska, Head of Debt Finance Poland, Panattoni. “The building of over 140,000 square meters is intended for servicing the e-commerce market and can store up to seven million individual products. It was developed by the highest sustainable development standards and then subjected to a verification process that allowed us to convert our previous financing provisions into a more advantageous green loan. Currently, financial institutions offer preferential terms to projects that stand out due to their high energy efficiency, their usage of renewable energy sources, and their ecological innovations including advanced technologies that help reduce carbon dioxide emissions.”
According to Panattoni, “the award of a green loan means that the building has met stringent criteria for sustainable development and mirrors Panattoni’s commitment to environmentally friendly growth. By significantly reducing energy needs as well as energy usage in the building, the development in Bydgoszcz has met its energy efficiency requirements. This was possible due to advanced energy solutions including excellent thermal insulation and the use of heat pumps and LED lighting. An advanced Building Management System (BMS) continuously monitors the use of energy and water. The logistics center was developed to BREEAM (BRE Environmental Assessment Method) standards for a rating of Excellent.”
“We want to thank Berlin Hyp for working with us and for its confidence in this groundbreaking project,” said Taczewska–Trojanska. “Together, we have set new standards for the logistics sector and blazed a trail towards a more sustainable future.”