France set for first energy-positive residential towers
France is set to become home to seven new “energy-positive” residential towers, which create substantial energy bill savings for tenants by feeding surplus power back to national grids.
Dijon and Saint-Etienne have become the first French cities to approve the development of the sustainable residential schemes under a €2 billion pan-European investment programme launched by Catella Residential Investment Management and French building engineering design company Elithis. Catella and Elithis are also planning to launch joint ventures for similar projects in five other French cities later this year. Construction on the first towers will start as soon as possible.
The two partners have already identified more than 30 additional sites for development in France, with a total of 50 projects planned in major urban centres throughout the count