Potential offtaker

IPUT Plc

www.iput.ie

Estimated electricity consumption

N/A

Countries of production presence

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IPUT Plc is a leading Irish real estate investment company that has been operating in the sector for over 20 years. The company has a strong track record of delivering high-quality real estate assets and generating strong returns for its investors. IPUT Plc has a diversified portfolio of properties, including office, retail, and industrial properties, located in prime locations throughout Ireland.

IPUT Plc has a strong commitment to sustainability and decarbonisation. The company recognizes the importance of reducing its carbon footprint and has set ambitious targets to reduce its greenhouse gas emissions. IPUT Plc has adopted a comprehensive sustainability strategy that includes a range of initiatives aimed at reducing energy consumption and increasing the use of renewable energy sources.

One of the key initiatives that IPUT Plc has implemented is the use of corporate power purchase agreements (PPAs) to source renewable energy. Corporate PPAs are long-term contracts between a company and a renewable energy provider that guarantee a fixed price for the electricity generated by the renewable energy source. This allows companies like IPUT Plc to secure a stable and predictable source of renewable energy, while also supporting the growth of the renewable energy sector.

IPUT Plc has entered into several corporate PPAs with renewable energy providers in Ireland. These agreements have enabled the company to source a significant proportion of its electricity from renewable sources, reducing its reliance on fossil fuels and helping to decarbonise its operations. The company has also invested in on-site renewable energy generation, including solar panels and wind turbines, to further reduce its carbon footprint.

In addition to sourcing renewable energy, IPUT Plc has implemented a range of energy efficiency measures across its portfolio of properties. This includes the installation of energy-efficient lighting and heating systems, the use of smart building technologies to optimize energy consumption, and the implementation of energy management systems to monitor and control energy use.

IPUT Plc has also implemented a range of sustainability initiatives aimed at reducing waste and promoting sustainable practices. This includes the implementation of waste reduction and recycling programs, the use of sustainable materials in construction and refurbishment projects, and the promotion of sustainable transport options for employees and tenants.

Overall, IPUT Plc is committed to sustainability and decarbonisation, and has demonstrated a strong commitment to reducing its carbon footprint and promoting sustainable practices. The company's use of corporate PPAs and investment in renewable energy generation has enabled it to significantly reduce its reliance on fossil fuels and increase its use of renewable energy sources. IPUT Plc's commitment to sustainability is not only good for the environment, but also for its investors, who can be assured that the company is taking proactive steps to manage its environmental impact and ensure the long-term sustainability of its operations.