The 177 Bothwell Street office development will get 2.52 GWh of certified wind energy from Blantyre Muir Wind Farm in South Lanarkshire
The largest single office building in Glasgow will receive 100 per cent of its energy from a renewable supply just a few miles away, the developer has announced.
The 177 Bothwell Street office development, due for completion in Q4 2021, will get 2.52 GWh of certified wind energy from Blantyre Muir Wind Farm in South Lanarkshire located 15 miles away.
HFD will receive the energy through an innovative corporate power purchase agreement, thought to be the only deal of its kind between a property company and energy provider in Scotland.
Its origin will be guaranteed through the Renewable Energy Guarantee of Origin scheme.
Blantyre Muir Wind Farm comprises of six wind turbines and was established 10 years ago as a joint venture between Engie and HFD Group. Phase one of the windfarm originally powered HFD’s EcoCampus development in Hamilton along with HFD’s serviced office properties at Strathclyde Business Park and Hamilton International Park.
The latest commitment from HFD underlines its ambition to create Glasgow’s most sustainable office building, it said.
Last year, the company announced 177 Bothwell Street would be fully electric, with zero carbon emissions. The building is set to achieve an Energy Performance Certificate (EPC) score nearly 50% above the standard for an A rating.
A number of occupiers have already secured space at 177 Bothwell Street, including Virgin Money, BNP Paribas, and CBRE. According to an independent economic impact assessment, the development will add £2.8 billion of gross value to the Scottish economy over 25 years.
Stephen Lewis, managing director of HFD Property Group, said: Sustainability is not new for us, but we were determined to take it even further at 177 Bothwell Street.
He said the infrastructure at Blantyre Muir Wind Farm was only made possible through our PPA with Engie and it has formed a cornerstone of our commitment to green energy across our property portfolio over the past decade.
The articles are for information purposes only and Invest for Property shall not be held responsible for any errors, omissions or inaccuracies within it. Any rules or regulations mentioned within the website are those relevant at the time of publication and may not be the most up-to-date.
Invest for Property does not endorse any of the products or services that appear on it or are linked to it and are not liable for any action that you may take as a result of the content of this website, or losses or damage you may incur doing so.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.
Please remember that investments of any type may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.