Westbridge secures energy supply for BEVEO portfolio until 2030

Westbridge Advisory GmbH (Westbridge), one of the leading energy and sustainability consultants for the real estate industry in Europe, has completed the reassignment of the electricity and gas supply for a nationwide office portfolio for BEVEO Immobilien GmbH (BEVEO). The properties are owned by KOLB + PARTNER, for which BEVEO acts as property manager.

With new contracts, BEVEO will reliably supply the portfolio with energy in the future. As part of the mandate, Westbridge set the course for strategically oriented energy procurement that combines security of supply with long-term costing security. The contractually secured volume in the electricity sector comprises around 4.2 to 4.8 gigawatt hours per year, depending on the delivery year. In addition, there are constant annual volumes of around 6.8 gigawatt hours in the gas sector. A fixed price model was agreed for both electricity and gas, which provides BEVEO with a reliable basis for calculation until 2030.

"With the new electricity and gas contracts, we have established a stable long-term energy supply for our portfolio. In addition to economically viable conditions, the decisive factors for us were above all predictability and security of supply over the coming years," says Jessica Koch, Managing Director of BEVEO Immobilien GmbH.

Westbridge supported the entire process, from the invitation to tender and bid evaluation to the awarding of the contract, and is also responsible for the ongoing energy monitoring of the portfolio. Westbridge thus creates the basis for data-based control of energy consumption and supports BEVEO in systematically identifying and leveraging further efficiency potential in operations.

"Especially for larger real estate portfolios, professionally managed energy procurement is a key lever for limiting risks and making budgets reliably predictable. The decisive factor here is to bring together procurement strategy, market timing and portfolio requirements in a meaningful way," says Rüdiger Salzmann, Managing Director at Westbridge.