Westbridge arranges renewable electricity supply for Budapest office building

Westbridge Poland has advised TriGranit on securing a renewable electricity supply agreement for the Bartók Ház office building in Budapest, covering the 2027 and 2028 supply years.

The agreement provides approximately 2.22 gigawatt-hours of electricity annually, or around 4.4 gigawatt-hours over the two-year contract. The fixed-price arrangement covers two supply points and is backed by Guarantees of Origin from domestic renewable energy sources, providing greater cost predictability for the property’s operations.

According to the companies, the new procurement model is expected to reduce electricity costs by more than €53,000 over the contract period compared with the previous supply arrangement.

The renewable electricity contract is also expected to contribute to an estimated reduction of around 1,458 tonnes of CO₂ emissions over two years by supporting electricity generated from renewable energy sources.

TriGranit said the agreement forms part of its strategy to improve the sustainability and operational efficiency of Bartók Ház while reducing exposure to fluctuations in energy prices.

“With the renewed power supply for Bartók Ház, we are strengthening the sustainability profile of the asset and creating a reliable basis for energy cost planning. This is an important element of efficient and forward-looking asset management that we carry out on behalf of the building’s owner, DRFG Investment Group,” said Marta Zawadzka, Head of Leasing & Asset Management at TriGranit.

Anna Nienaltowska, Head of Sales Poland at Westbridge Poland, said demand for renewable energy procurement is increasing across the Central and Eastern European commercial real estate market.

“Commercial property owners across Central and Eastern Europe are increasingly seeking energy solutions that combine renewable electricity with predictable costs. For TriGranit, we developed a procurement strategy that supports both sustainable building operations and long-term energy cost planning,” she said.

Westbridge Poland managed the procurement process, including market analysis, supplier tendering, commercial evaluation and contract negotiations before selecting the electricity supplier.

Bartók Ház is a Class A office building offering more than 17,600 sqm of leasable office space in Budapest’s South Buda district. The property is owned by DRFG Investment Group and managed by TriGranit. It holds a BREEAM “Very Good” environmental certification and an Access4you accessibility certificate.