Potential offtaker

D'Ieteren Group

www.dieterengroup.com

Estimated electricity consumption

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Countries of production presence

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D'IETEREN GROUP is a Belgian company that operates in the automotive retailers sector. The company was founded in 1805 and has grown to become one of the largest automotive retailers in Europe, with a presence in over 30 countries. D'IETEREN GROUP is a family-owned business that is committed to providing high-quality products and services to its customers.

The company's core business is the distribution of cars and replacement parts, as well as the provision of related services such as maintenance and repair. D'IETEREN GROUP is the exclusive distributor of Volkswagen, Audi, Seat, Skoda, Bentley, Lamborghini, Bugatti, Porsche, and Yamaha in Belgium. The company also operates several car rental and leasing businesses, including Europcar and Hertz.

In recent years, D'IETEREN GROUP has been focusing on decarbonisation and the transition to renewable energy. The company has set ambitious targets to reduce its carbon footprint and has implemented several initiatives to achieve these goals. One of the key initiatives is the use of corporate power purchase agreements (PPAs) to source renewable energy.

Corporate PPAs are long-term contracts between a company and a renewable energy provider, which guarantee the purchase of a certain amount of renewable energy at a fixed price. By entering into these agreements, companies like D'IETEREN GROUP can secure a stable and predictable supply of renewable energy, while also reducing their carbon emissions.

D'IETEREN GROUP has signed several corporate PPAs in recent years, including a 10-year agreement with Engie for the supply of renewable energy to its Belgian operations. The company has also invested in several renewable energy projects, including wind and solar farms, to further reduce its carbon footprint.

In addition to its focus on renewable energy, D'IETEREN GROUP is also committed to reducing its energy consumption and improving its energy efficiency. The company has implemented several initiatives to reduce its energy consumption, including the use of energy-efficient lighting and heating systems, as well as the installation of solar panels on its buildings.

D'IETEREN GROUP has also implemented a corporate energy management system to monitor and manage its energy consumption. The system provides real-time data on energy use and allows the company to identify areas where energy efficiency can be improved.

Overall, D'IETEREN GROUP is a company that is committed to sustainability and the transition to renewable energy. The company's focus on decarbonisation and the use of corporate PPAs and renewable energy projects demonstrate its commitment to reducing its carbon footprint and contributing to a more sustainable future.

✓ Declared Net Zero commitment