Supporting our clients' energy transition
Our clients tell us that electrification will become their greatest challenge over the coming years. In 2024 alone, we are investing a substantial 30 million euros in Battery Energy Storage Systems, to ensure that our clients always have a reliable power supply.
"Our logistics centers are already a leading force in sustainability. By installing battery energy storage systems, we can supply more energy to our clients and help stabilize the grid. This investment is fully aligned with Montea’s strategy to champion a future-oriented, climate-friendly business."
Balancing the grid
We invested €17.5 million in the installation of battery energy storage systems (BESS) at 14 of its sites across Belgium.
14
Different BESS-Locations
35 MWH
Installed by the end of 2024
€17,500,000
Investment
12%
min IRR
Developing sustainable, future-proof, multi-purpose logistics centers has been one of Montea’s primary goals for many years.
By the end of the year, Montea will have a total capacity of 87 MWp of solar panels on its rooftops. 14 of the Company’s properties in Belgium – about half of the portfolio in the country – will be equipped with their own energy storage system by the end of this year. This will equate to a total storage capacity of 35 MWh.
The stored energy will be used to light, heat and cool the logistics platforms, as well as to power electric vehicles.
By the end of the year, Montea will have a total capacity of 87 MWp of solar panels on its rooftops. 14 of the Company’s properties in Belgium – about half of the portfolio in the country – will be equipped with their own energy storage system by the end of this year. This will equate to a total storage capacity of 35 MWh.
The stored energy will be used to light, heat and cool the logistics platforms, as well as to power electric vehicles.
Additional investment in the Netherlands
Montea is also analyzing the possibility of rolling out battery systems at a further seven locations across the Netherlands via an additional estimated investment of €12.5 million.
7
Different BESS-Locations
21 MWH
Under construction
€12,500,000
Investment
12%
Min IRR
"Electric vehicles are booming in terms of passenger transport and in a few years, the same will be true for e-vans and trucks. Logistics centers that are equipped for this – in a sustainable and affordable way – will have the upper hand."
Sustainability and financial goals fully aligned
Installing these battery energy storage systems will also help to partially alleviate grid congestion. The Belgian high-voltage grid operator Elia stated in its Adequacy and Flexibility study for Belgium (2024– 2034) that flexibility, created among other things by battery energy storage systems, will be the core strategy for the coming years.
Montea expects to achieve a 12% return on this €30 million investment.