The Metropolitan Warszawa office building has announced that it has reduced its energy costs by PLN 2 million and its emissions by 11,200 tons over the next three years by means of what it describes as a groundbreaking new green energy Power Purchase Agreement.
The Metropolitan Warszawa office building also offers multiple service and retail outlets. The Lord Foster-designed property is located on Pilsudskiego Square in Warsaw, next to the Saxon Garden and just off the Royal Route. The property’s amenities include a gym, cyclist facilities, underground parking with EV charging points, and a coffee shop.
According to Metropolitan Warszawa, “marking one of the first of its kind in the Polish real estate market, the agreement guarantees supplies of green energy from traceable renewable sources, which will result in significant benefits for tenants, both in ESG and financial terms.”
Metropolitan Warszawa claims that “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.”
As a result, the company claims, and thanks to optimized 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 is also expected to reduce CO2 emissions by approximately 11,200 tons over the contract period — equivalent, Metropolitan Warszawa claims to removing approximately 2,240 cars from the road annually or providing power to nearly 1,120 households for three years — based on the CO2 emission factor for Poland.
“PPAs are a new type of agreement, and market practices in this area are still emerging,” explained Joanna Kowalska-Szymczak, founder and CEO of EBRU Capital, the asset manager for Metropolitan Warszawa. “Metropolitan Warszawa is one of the first office buildings in Poland to use this solution in order to secure green energy for its tenants. We are proud that Metropolitan is once again setting trends and best practices in the market. The PPA brings tangible financial benefits through efficient cost management, while also delivering significant environmental benefits by reducing emissions through renewable energy supply. All these factors contribute to the long-term value of the property.”
“With the execution of this PPA, Westbridge Poland and Metropolitan Warszawa are setting a remarkable example for sustainable energy supply in the Polish real estate market,” said Hajo Engelke, Managing Director at Westbridge Poland. “This agreement demonstrates how to successfully combine ecological responsibility with economic benefits – a win for the tenants and the environment.”
