62 gigawatt-hours. That’s the annual energy consumption of Fastpartner, a large Swedish real estate company owning, managing and developing commercial and residential properties. This translates to an expense second only to interest expenses, making their energy management paramount. Beyond the balance sheet, Fastpartner is driven by a profound commitment to minimising its environmental impact. This dual mandate defines their partnership with Mind Energy.
Recognising that each company’s energy needs are unique, Mind Energy initiates every portfolio management collaboration with a key question: what matters most in your energy sourcing?
For Fastpartner, the priority is clear: stability and predictability in energy costs, coupled with an ambitious pursuit of sustainable energy efficiency. This has led to an energy portfolio strategy tailored to Fastpartner's specific demands.
"Being able to set a reliable annual budget is crucial for us, and Mind Energy’s risk management expertise allows us to do just that. Their deep knowledge of market dynamics and proactive advisory approach are invaluable. They consistently identify opportunities to optimise our energy sourcing and provide guidance on developing our own energy production,"
explains Svante Hedström, Head of Sustainability and Projects in Fastpartner.
Fastpartner and Mind Energy
Mind Energy serves as a holistic partner, managing the complexities of Fastpartner's energy ecosystem:
risk management
physical energy delivery
grid balancing
energy efficiency enhancements
invoice management and more.
In a sector often scrutinised for its environmental footprint, Fastpartner proves that sustainability ambitions and ations are not just a responsible choice, but a strategic business advantage.
Sustainability is woven into the very fabric of Fastpartner's energy strategy. The company is dedicated to enhancing the energy efficiency of its properties, a goal that resonates with both owners and tenants. This frontrunner commitment has fostered a close collaboration with Mind Energy, a partnership built on mutual inspiration and a shared drive to continuously do things better.
“In Mind Energy, we have a true partner who works closely with us to advance energy efficiency and reduce our carbon footprint. We are constantly working to raise the bar and explore new solutions together. That approach has resulted in significant reductions in energy consumption, while we of course exclusively use renewable energy sources,"
says Svante Hedström.
Fastpartner sources ‘Good Environmental Choice’ (Bra Miljöval) hydropower, an eco-label by the Swedish Society for Nature Conservation. This certification guarantees that their energy is not only renewable but also adheres to stringent environmental criteria.
Fastpartner has also received ‘Good Environmental Choice’ funding for a major solar cell project, further reducing energy consumption and enhancing indoor climate for tenants. Mind Energy provided support throughout the application process, offered expert advice throughout the project and handled supplier coordination.
"Our collaboration is excellent on every level. It's characterised by honest and proactive communication, where we consistently keep each other on our toes. And the fact that we genuinely enjoy working together is a tremendous bonus. I have complete confidence in them,”
Svante Hedström concludes.