GETEC and GWG Group conclude cooperation agreement

The GWG Group, which specialises in residential real estate throughout Germany, and the leading energy service provider GETEC have recently concluded a cooperation agreement. As an energy efficiency specialist, GETEC will gradually take over the energy management, energy procurement and servicing of the energy generation plants for around 16,000 residential and commercial units managed by GWG throughout Germany.

GWG Property
GWG Property
GWG Property

The aim of the cooperation is to optimise energy procurement and to organise the operation of all energy generation plants in the nationwide GWG portfolio in a sustainable and economical manner, while at the same time creating more transparency in gwg's own processes and vis-à-vis tenants. Through optimisation and targeted efficiency improvement measures, costs and CO2 emissions in the GWG portfolio are to be substantially reduced. With the help of the installation of heat quantity counters and data boxes as well as the development of a customer portal, additional consumptions are to be recorded better and communicated more quickly.

"The cooperation with GETEC will enable us to implement the same standards in maintenance, operation, modernisation and energy purchasing across all inventories throughout Germany. In the future, as a company with a traditionally very lively new construction activity, we will be able to develop complete neighbourhood solutions together with GETEC in order to implement tailor-made energy concepts as required," explains Andreas Engelhardt, CEO of the GWG Group.

"The energy world of tomorrow is decentralised, digital and green - and at the same time better networked. The real estate and energy industries must therefore grow together in order to be successful across sectors. The cooperation takes up these approaches. With GWG, we are delighted to have gained a future-oriented and strategic partner who thinks and acts both economically and ecologically," says Michael Lowak, CEO Real Estate Segment of the GETEC Group.

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