2025-01-14
logistics
WING is advancing its sustainability agenda through a strategic cooperation agreement with ALTEO Energiakereskedő Zrt., the energy trading arm of the ALTEO Group. Under this agreement, ALTEO will supply electricity from 100% clean, renewable sources to all industrial properties managed by WING Industrial, the company’s industrial and logistics division, throughout 2025 and 2026. This partnership builds on a long-standing relationship between WING and ALTEO, which has consistently supported WING’s sustainability goals by facilitating the procurement of green electricity. ALTEO will continue providing energy for WING’s industrial parks, including Airport City Business Park, East Gate Business Park, East Gate PRO Business Park, and Login Business Park. The agreement also extends to office buildings Liget Center and Liberty, and the hotels at Budapest Liszt Ferenc International Airport, including the ibis and TRIBE Budapest Airport Hotel. Under this expanded collaboration, ALTEO will meet the energy needs of WING Industrial’s entire portfolio using power sourced from an ALTEO-managed solar park. Additionally, 50% of the total electricity used across WING’s corporate group in 2025 will come from renewable sources, representing a significant step forward in the company’s commitment to sustainability. WING’s dedication to ESG principles and sustainability is reflected in its long-term strategy to modernize facilities, improve energy efficiency, and adopt green energy solutions. The company prioritizes measuring and analyzing energy consumption, modernizing outdated systems, and creating energy-efficient buildings that align with both present-day environmental standards and tenant needs. This initiative is another milestone in WING’s broader commitment to building a greener future while maintaining its position as a leader in industrial and logistics development in the region.