Potential offtaker

Nordic Real Estate Partners A/S (NREP)


Estimated electricity consumption


Countries of production presence


NREP is a Danish real estate investment company that has been operating since 2005. The company has a strong focus on sustainability and is committed to decarbonisation and the use of renewable energy in its operations. NREP invests in real estate projects across Denmark, Sweden, Finland, and Norway, with a particular focus on residential and commercial properties.

One of the key areas of focus for NREP is decarbonisation. The company recognises that real estate is responsible for a significant proportion of global greenhouse gas emissions and is committed to reducing its own carbon footprint. NREP has set ambitious targets to reduce its carbon emissions by 50% by 2030 and to achieve net-zero emissions by 2050. To achieve this, the company is implementing a range of measures, including energy-efficient building design, the use of renewable energy sources, and the promotion of sustainable transport options.

One of the ways that NREP is promoting the use of renewable energy is through the use of corporate power purchase agreements (PPAs). PPAs allow companies to purchase renewable energy directly from generators, rather than relying on the grid. This provides a stable, long-term source of renewable energy, which can help to reduce carbon emissions and promote sustainability. NREP has signed several corporate PPAs with renewable energy generators, including wind and solar projects, to help meet its sustainability targets.

In addition to its use of renewable energy, NREP is also committed to improving the energy efficiency of its buildings. The company has implemented a range of measures to reduce energy consumption, including the use of energy-efficient lighting, heating, and cooling systems, and the installation of smart building management systems. NREP also works closely with tenants to promote sustainable behaviour, such as encouraging the use of public transport and cycling.

NREP has also developed a range of innovative solutions to promote sustainability in the real estate sector. One example is its "Green Solution House" project in Denmark, which is a sustainable hotel and conference centre. The building is designed to be energy-efficient and uses a range of renewable energy sources, including solar panels and geothermal heating. The project also incorporates sustainable materials and technologies, such as green roofs and rainwater harvesting systems.

Overall, NREP is a leading player in the real estate investment sector in Scandinavia, with a strong focus on sustainability and decarbonisation. The company is committed to reducing its carbon footprint and promoting the use of renewable energy in its operations. Through its use of corporate PPAs, energy-efficient building design, and innovative sustainability solutions, NREP is helping to drive the transition to a more sustainable future.