Real EstateUK

Glasgow property to be powered by renewable supply

Glasgow property

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.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Invest for Property. The information provided on Invest for Property is intended for informational purposes only. Invest for Property is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.

Leave a Reply