Real Estate of Tomorrow - GETEC and Alfons & alfreda establish joint venture for sustainable energy solutions

Magdeburg/Düsseldorf, March 29, 2023
GETEC, one of Europe's leading energy service providers, and Düsseldorf-based project developer Alfons & alfreda are establishing a joint venture for sustainable and forward-looking energy solutions. Alfons and alfreda Energy GmbH" com-bines the expertise of both companies with regard to alternative energy supply and real estate development. Together, the energy optimization and supply of the mainly commercial properties of Alfons & alfreda shall be raised to the next level.

Alfons & alfreda Energy GmbH will take over all energy and media supply services of the portfolio managed by Alfons & alfreda, consisting of projects such as refurbishment and new construction properties, plants and quarters, from project planning to investment and operation. The collaboration between the two companies will henceforth see the implementation of innovative concepts and resource-saving energy solutions to reduce investment and energy costs. In this way, enormous amounts of CO2 will be saved in the operation of the properties.

"Through this merger, we manage to significantly expand our know-how in the energy sector. This is an important building block for us with regard to our goal of achieving the greatest possible energy self-sufficiency with innovative, environmentally friendly concepts in every project," says Friedrich Weil, founder and CEO of Alfons & alfreda AG.

"By cooperating with such a renowned partner as Alfons & alfreda, we are consistently continuing our strategic portfolio approach. By modernizing the managed portfolio, the two partners are succeeding in achieving significant cost and CO2 reductions of immense proportions. In this way, we are jointly pursuing our ESG vision and making a difference for the generations that will come after us," explains Dr. Henning Lustermann, CEO of the Real Estate segment GETEC Platform Germany.

"Requirements for the energy supply of real estate and neighborhoods are constantly changing. With GETEC, we have the right partner at our side to react to these changes at short notice and to set up the utilization concepts of our developments for the future," says Co-Head Development Steffen Lange of Alfons & alfreda.


About GETEC Group (G+E GETEC Holding GmbH)

GETEC is a leading partner to industry and the real estate sector for intelligent, efficient and green energy solutions in Europe. Our promise "We have the energy for more" is the guiding principle for over 2,400 employees who use excellent engineering know-how, outstanding control competence, high speed of action and proven sustainability expertise to navigate our customers through an increasingly complex energy world while reducing their environmental footprint. With 11,500 plants generating more than 5.4 GW of thermal energy, GETEC is active in a total of nine countries from its four regional platforms in Germany, Switzerland, the Netherlands and Italy, generating sales of 1.6 billion euros in 2022.

For more information about the GETEC Group, please visit: www.getec-energyservices.com  

About Alfons & alfreda

Alfons & alfreda is a dynamic real estate project developer with a passionate ambition to create outstanding and long-lasting properties of the highest individual quality. Based in Düsseldorf, the company realizes new construction projects and revitalizes existing properties with development potential in and around Germany's top 7 cities. As an independent company, Alfons & alfreda covers the entire value chain of real estate development - from the initial conceptual idea to the completion of the respective property. The focus of development is always on the long-term impact on society and the environment. The focus is on the highest quality and sustainability standards through multi-layered development approaches.



Press contact GETEC

Stefan Hofmeister
Deputy Press Officer
Phone: +49 (0) 391 2568 709
E-mail: stefan.hofmeister@getec.de

Press contact Alfons & alfreda

Julia Möllers
PR and Content Manager
HERE AND NOW STUDIO
Phone: +49 211 92417701



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