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Westbridge secures energy supply for BEVEO portfolio until 2030

Westbridge Advisory GmbH (Westbridge), one of the leading energy and sustainability consultants for the real estate industry in Europe, has completed the new contract for the electricity and gas supply of a nationwide office portfolio for BEVEO Immobilien GmbH (BEVEO). The properties are owned by KOLB + PARTNER, for which BEVEO acts as property manager.

With new contracts, BEVEO will reliably supply the portfolio with energy in the future. As part of the mandate, Westbridge set the course for strategically oriented energy procurement that combines security of supply and long-term calculation security. The contractually secured volume in the electricity sector amounts to around 4.2 to 4.8 gigawatt hours per year, depending on the year of delivery. In addition, there are constant annual volumes of around 6.8 gigawatt hours in the gas sector. A fixed price model has been agreed for both electricity and gas, which provides BEVEO with a reliable basis for calculation until 2030.

“With the new electricity and gas contracts, we have stabilised the energy supply for our portfolio in the long term. In addition to economically viable conditions, the decisive factors for us were above all predictability and security of supply over the coming years,” says Jessica Koch, Managing Director at BEVEO Immobilien GmbH.

Westbridge accompanied the entire process from the tender to the evaluation of the bid to the awarding of the contract and is also responsible for the ongoing energy monitoring for the portfolio. In this way, Westbridge creates the basis for data-based control of energy consumption and supports BEVEO in systematically identifying and leveraging further efficiency potential in operations.

“Especially in larger real estate portfolios, professionally managed energy purchasing is an essential lever for limiting risks and making budgets reliably plannable. It is crucial to bring together procurement strategy, market timing and portfolio requirements in a meaningful way,” says Rüdiger Salzmann, Managing Director at Westbridge.

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