Pan-European real estate investment manager Redevco has joined forces with COFRA Holding to initiate a large-scale on-site renewable energy generation project called Project Solar.
Launched earlier this year, Project Solar aims to ramp up the provision of on-site clean energy generation by installing solar panels on the roofs and carparks of the retail park assets that Redevco manages on behalf of one of its investor clients, COFRA Holding, in Belgium.
In November 2019, Redevco announced its commitment to making its entire portfolio net zero carbon by 2040 as part of the company’s ongoing efforts to act responsibly and reduce its impact on the environment.
“Project Solar is a necessary step on our journey to becoming net zero carbon across our portfolio,” said Clemens Brenninkmeijer, head of sustainable business operations at Redevco. “Our investor client COF
