Skysun expands solar presence  in the AG Real Estate portfolio
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AG Real Estate Corporate

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AG Real Estate Corporate

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AG Real Estate Corporate

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04 August 2020

Skysun expands solar presence in the AG Real Estate portfolio

AG Real Estate Corporate

After a fruitful collaboration that began in 2018 on the Brussels II warehouses in Anderlecht, AG Real Estate and Brussels start-up Skysun have decided to extend their partnership to the Office & Retail activities of the real estate subsidiary of AG Insurance.

After a fruitful collaboration that began in 2018 on the Brussels II warehouses in Anderlecht, AG Real Estate and Brussels start-up Skysun have decided to extend their partnership to the Office & Retail activities of the real estate subsidiary of AG Insurance. Almost 1,000 solar panels have been installed on the roofs of the City2 shopping centre and nearly 500 on the AG Insurance headquarters, also located in the city centre. The panels are designed to generate more than 430 MWh each year, equivalent to the average annual consumption of 215 average households.

A win³ partnership

This project is very much in the interests of all the stakeholders. Skysun is financing all the panels and their installation together with the long-term maintenance. The buildings concerned consume 100% of the green electricity generated.

This financial model brings everyone’s interests into alignment: Skysun’s profitability is linked to the energy savings of AG Real Estate. By properly maintaining the panels, Skysun optimises their use and reduces the ecological impact. The latest investments made will save no less than 109 tons of CO2 annually.

The property owner, the planet and Skysun are all winners. Win-Win-Win.  "Our third-party investment services allow property owners to earn money from the unused areas of their property. For example, money can be made from roof space but also from car parks using photovoltaic carports. Going through Skysun means enjoying all the benefits of solar energy and its positive impacts, both ecological and economic, without having to bear the investment and management costs,” says Léopold Coppieters, co-founder and manager of Skysun.

Decisive action based on deep convictions

We are deploying this programme in a crosscutting and transparent manner across our various businesses and based on specific themes in order to expand our projects.  "Our sustainable development policy responds to the need to establish a declaration of commitments and action to redefine the city of tomorrow. These tangible and measurable actions are to be assessed on an annual basis and implemented using operational procedures,” confirms Amaury de Crombrugghe, Chief Investment Officer Retail, Office & Warehouse AG Real Estate.

https://youtu.be/0nSR1AKa8bQ

About AG Real Estate

AG Real Estate, a wholly-owned subsidiary of AG Insurance, is an integrated property operator active in Belgium, France, Luxembourg and on certain select European markets with expertise in different lines of business: Asset & Property Management, Development & Construction Management, PPP and real estate financing, as well as in Car Park Management through its subsidiary Interparking.

A company active in urban real estate, AG Real Estate has more than 250 employees with varied profiles and areas of expertise. With a portfolio of more than €6.5 billion under management for its own account and on behalf of third parties, AG Real Estate is endeavoring to provide a responsible response to new urban needs and to implement a sustainable development policy as to make its projects even more meaningful.

About Skysun

Skysun is a Brussels based start-up that has been active for 3 years on the Belgian photovoltaic market. We rent roof, parking and land areas to install solar panels. The electrical production of the panels is to be self-consumed locally. This significantly reduces electricity bills and the environmental impact of buildings.

Our mission is to prove the economic value of renewable energy and reduce homeowners' electricity bills.

Our vision is to accelerate the transition to renewable energy. Skysun's approach is to facilitate their access through simple and effective financing solutions. We believe in energy independence and in the decentralization of the means of production. For more information, please visit: www.skysun.be

Roxane Decraemer
AG Real Estate Corporate

Roxane Decraemer

Strategic Marketing, External Communication & PR Manager

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Aurore Moens
AG Real Estate Corporate

Aurore Moens

Communication & PR Manager

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