AG Real Estate powers up its commitment to green energy

AG Real Estate* announced plans to install the largest ever photovoltaic roof on a logistics building in France, namely its HAVLOG building, designed to reduce the building’s carbon footprint and become self-sufficient.

The installation will be able to supply all the electricity needs of the inhabitants of the two municipalities in which it is located (18,500 inhabitants). AG Real Estate partnered with an award-winning industry leader in photovoltaic technology Urbasolar.

With an exceptional volume of 92,000 square metres, this installation is not only the largest of its type in France, but it also underscores AG Real Estate’s ambition to invest in environmentally friendly buildings. AG Real Estate is certainly no stranger to this type of initiative having this time last year invested in the world’s most powerful solar roof through a joint venture with Heylen Warehouses. Covering an extraordinary 12.6 hectares, this installation has the capacity to power up the equivalent of 4,500 households and saves 11,966 tonnes of CO2 eq emissions each year. This iconic project initiates a partnership that will equip the majority of properties owned or managed by the joint ventures between AG Real Estate and Heylen Warehouses, namely AG Heylen Energy and AG Heylen Solar.

Ageas already has close to EUR 10 billion invested in solutions that contribute towards the transition to a more sustainable world. This includes, amongst other things, socially responsible investments, but also a strong commitment to renewable energy through initiatives like offshore windmills, solar panels and other climate friendly technologies.

* AG Real Estate is the real estate subsidiary of Ageas’s Belgian daughter company AG and acts also as a real estate consultant to Ageas.