GLP completes installation of one of the largest renewable energy systems in Europe at G-Park Zevenaar

Frankfurt, 5 July 2023 - GLP, a leading global developer of logistics real estate, digital infrastructure and renewable energy systems, has completed the installation of a large photovoltaic (PV) system to generate solar power on the roof of its Dutch site G-Park Zevenaar.

G-Park Zevenaar, a 133,000 square metre logistics property, is a pioneering project by GLP Europe for the use of renewable energy in the Netherlands. The large-scale PV system for generating solar power on the roof of the building has an installed capacity totalling 16.2 megawatts. The installation covers an area the size of 21 football pitches. The installation will save 4,629 tonnes of CO2 in the first year of operation and 78,227 tonnes over a 25-year operating period.

G-Park Zevenaar is located in BusinessPark 7Poort in the established, prosperous Arnhem-Nijmegen logistics region, which ranks fifth in the 2022 Dutch logistics hotspot ranking. The location is close to the Dutch-German border on the main transport routes from Rotterdam and Amsterdam to the European markets.

G-Park Zevenaar was developed in accordance with the BREEAM Excellent principles. The property was awarded the BREEAM Excellent certificate thanks to its photovoltaic system. The energy generated is fed into the public electricity grid and used on site by the building's tenant. For the benefit of nature, measures were taken to protect native birds and plants during construction and installation.

"Equipping buildings with sustainable energy generation options, including PV to generate solar power, is crucial to enable investors, developers, landlords and tenants to achieve their net-zero targets and future-proof their buildings. GLP is committed to this transformation in the logistics market. Economic benefits through cost savings in energy supply are just one of many advantages that tenants of the building will benefit from in the future," says Philippe Hendriks, Country Director for the Netherlands, GLP Europe.

Image caption:
A bird's eye view of G-Park Zevenaar
Image rights: GLP PF Germany Management GmbH

About GLP (glp.com)

GLP is a leading global developer, owner and operator of logistics real estate, data centres and renewable energy systems. With many years of experience and extensive operational expertise, GLP establishes and develops thriving businesses and creates value for its clients. GLP owns assets and manages companies in 17 countries in Asia, Europe and North and South America. GLP Capital Partners, a global alternative investment manager with approximately USD 125 billion in assets under management as of 31 December 2022, is the exclusive investment and asset manager for GLP.

With its commitment to a wide range of ESG principles, GLP aims to enhance its business activities, protect the interests of its stakeholders, show appreciation to employees and customers and promote communities in which GLP locations are located. Further information can be found at www.glp.com/global

GLP's European portfolio comprises more than 8.5 million square metres of logistics space. It covers selected strategic logistics markets and is let to blue chip customers such as Amazon, UPS and Volkswagen. The company has a prime portfolio of building plots in Europe, which enables the development of a further 3.8 million square metres. Further information on GLP's European business can be found at https://eu.glp.com/de/.

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Peter Tasch                                    
Tasch Communications
Phone: (069) 24 44 68 07
E-mail: peter@tasch-communications.de