Potential offtaker

Sonae Sierra

www.sonaesierra.com

Estimated electricity consumption

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Countries of production presence

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Sonae Sierra is a leading international real estate company based in Portugal that operates in the Real Estate Services sector. It specializes in the development, management, and operation of shopping centers, offices, and residential properties. The company has a strong presence in Europe, South America, and Africa, and is committed to sustainable development and decarbonization.

Decarbonization is a key priority for Sonae Sierra, and the company has set ambitious targets to reduce its carbon footprint. It has committed to achieving carbon neutrality by 2040, and has implemented a range of measures to reduce energy consumption and greenhouse gas emissions across its operations. These measures include the use of renewable energy, energy-efficient technologies, and the implementation of corporate power purchase agreements (PPAs).

Corporate energy is a critical aspect of Sonae Sierra's sustainability strategy. The company has implemented a range of initiatives to reduce energy consumption, including the installation of energy-efficient lighting, heating, and cooling systems, and the use of renewable energy sources such as solar and wind power. Sonae Sierra has also implemented energy management systems to monitor and control energy consumption, and has invested in energy-efficient technologies such as LED lighting and smart building systems.

Corporate PPAs are a key component of Sonae Sierra's renewable energy strategy. The company has signed several long-term agreements with renewable energy providers to purchase electricity generated from renewable sources such as wind and solar power. These agreements not only help Sonae Sierra to reduce its carbon footprint, but also provide cost savings and price stability over the long term.

Renewable energy is a core focus for Sonae Sierra, and the company has implemented a range of initiatives to increase the use of renewable energy across its operations. It has installed solar panels on the roofs of several of its shopping centers, and has invested in wind farms and other renewable energy projects. Sonae Sierra also encourages its tenants to adopt renewable energy solutions, and provides incentives for them to do so.

In addition to its focus on decarbonization and renewable energy, Sonae Sierra is committed to sustainable development and social responsibility. The company has implemented a range of initiatives to reduce waste, promote recycling, and minimize the environmental impact of its operations. It also supports local communities through a range of social and cultural initiatives, and is committed to promoting diversity and inclusion across its operations.

Overall, Sonae Sierra is a leading international real estate company that is committed to sustainable development, decarbonization, and renewable energy. Its focus on corporate energy, corporate PPAs, and renewable energy sources such as solar and wind power, demonstrates its commitment to reducing its carbon footprint and promoting sustainable development. With its strong presence in Europe, South America, and Africa, Sonae Sierra is well positioned to drive positive change and promote sustainable development across the real estate sector.