November 24 (SeeNews) - Polish real estate developer Globe Trade Centre (GTC) said on Thursday that two assets in its Sofia portfolio will now run on electricity from renewables, with the rest to start using green power in 2023 under the company's Environmental, Social, and Governance (ESG) and climate policy.
Electrohold Trade has agreed to supply GTC's Advance Business Center I and II buildings in Sofia with electricity generated from 100% renewable sources, the Polish company said in a press release.
You can download the 2024 Renewable energy in Southeast Europe report here
The other three commercial buildings in GTC's portfolio in the Bulgarian capital - Sofia Tower I and II buildings as well as Mall of Sofia, will start being supplied with renewable power in 2023.
As much as 88% of the company's portfolio was ecologically certified as of end-2021, according to its ESG report. GTC is already feeding power from renewable sources to all properties in its portfolio in Romania.
GTC's assets comprise 44 commercial buildings, of a combined area of some 758,000 sq m, located in Poland, Hungary, Romania, Serbia, Croatia and Bulgaria. It has a development pipeline of 460,000 sq m in Central and Eastern Europe, including 51,000 sq m under construction.