Green power for GTC’s entire portfolio in Poland

 

GTC, one of the leading commercial real estate investors and asset managers in Central and Eastern Europe, has signed a three-year Power Purchase Agreement (PPA) with Ekovoltis, a recognized leader in the green energy trading market. The transaction was advised by Westbridge, a consultancy specialized in energy transformation and ESG strategy.

Under the agreement, all GTC office buildings and retail assets in Poland will be supplied with electricity of which 62% comes directly from renewable sources, including photovoltaic installations and wind farms. The remaining portion of energy will be secured through an off-set model with guarantees of origin purchased on the Polish Power Exchange.

The solution combines long-term cost stability with measurable environmental impact — an increasingly decisive factor for tenants selecting modern office buildings.

 

PPA as a tool for price stability and real decarbonization

 

Power Purchase Agreements are becoming a key instrument in the energy transformation of the commercial real estate sector. In practice, they enable long-term procurement of a defined volume of electricity from a specific source at a fixed price over a predetermined period.

For GTC, implementing this model delivers multiple benefits: protection against energy price volatility, increased operational security for buildings, a reduced carbon footprint across the property portfolio, and strengthened alignment with ESG commitments.

As emphasized by Witold Rafalski, Head of Asset Management at GTC Poland, energy remains one of the dominant operating cost components in commercial buildings. Securing access to renewable electricity at predictable prices therefore has strategic value for both owners and tenants.

 

ESG becoming a market standard in the office sector

 

According to Westbridge, from the very beginning GTC clearly stated that real environmental impact — not only pricing — would be the key criterion in selecting the energy procurement structure. This approach directly shaped the final PPA model, combining cost security with genuine renewable energy sourcing and measurable decarbonization effects for the real estate portfolio.

Across the Polish office market, ESG performance is no longer an optional add-on. For many tenants, access to renewable energy, transparent sustainability policies, and lower operating costs now rank alongside location and technical building standards as critical decision factors.

 

The scale of GTC’s portfolio in Poland

 

In Poland, GTC currently manages 16 office buildings totaling nearly 200,000 sqm of leasable area, located in Warsaw and major regional cities. The company also owns two large shopping centers — Galeria Północna in Warsaw and Galeria Jurajska in Częstochowa — offering a combined 110,000 sqm of retail space.

Introducing green energy across this entire portfolio represents one of the largest PPA implementations in Poland’s commercial real estate sector and a clear signal of the direction in which the market is heading.

 

A new benchmark for future-ready office buildings

 

Rising energy costs, regulatory pressure, and investor and tenant expectations are making renewable energy a new market standard rather than a differentiating extra. Projects such as GTC’s green energy transformation demonstrate that decarbonization in the office sector is already a practical, scalable, and measurable reality.

For building owners, it enhances asset attractiveness. For tenants, it ensures operational cost stability and ESG alignment. For the market, it marks another decisive step toward climate-neutral commercial real estate.

 

source: Biuro PR