VGP NV will soon switch all its European office locations to renewable energy as an agreement was reached with Scholt Energy B.V., the independent energy supplier, and ACT Commodities B.V., the European energy trading house, to purchase 100% renewable electricity for all its European office locations. The Virtual Power Purchase Agreement (VPPA) will provide power supplied from VGP's existing solar farm on the roofs of VGP Park Nijmegen, Netherlands, to VGP offices across Europe. The solar farm at VGP Park Nijmegen has a combined power output of almost 4,400 megawatt hours in total of which 2,100 megawatt hour is currently being utilised by local tenants.

Of the remaining output circa 450 megawatt hours will be allocated to VGP's offices across Europe and the rest is offered for purchase to Dutch companies and households by Greenchoice, the green energy provider. This agreement covers VGP's 20 offices across 13 countries1. Additionally, it is envisaged to include VGP's new offices in France and Serbia next year also.