With their announced partnership, Zestec Renewable Energy and Kingspan are addressing core challenges in commercial refurbishment: rising costs, tighter regulations and increased sustainability demands. Their new model aims to deliver fully funded solar PV and roof upgrades via a flexible power purchase agreement (PPA).
Norway – Sarpsborg church sets precedent for historic buildings
Under the new collaboration, Zestec will finance the solar installation and most roof work, while owners can co-invest in larger projects. Kingspan provides FM-approved roofing and insulation, ensuring compliance, fire safety and strong PV performance.
Unlocking value for commercial assets
For investors, such upgrades modernise assets for efficiency and ESG standards, boosting appeal to tenants and buyers. Combined approaches such as the announced partnership link clean energy generation with essential building improvements, lowering upfront capital requirements.
As integrated solar and storage solutions advance, new funding models are attracting increased interest from investors and asset managers. On-site electricity at below-market rates and improved building fabric help manage operational risk and protect asset value. Support from Octopus Energy Generation further assures long-term performance and operational stability.
Rooftop PV driving energy market change across Europe
Coordinated refurbishment and renewables strategies are seen as supporting EPC improvements, safeguarding asset value and lowering the risk of stranded properties. As market and regulatory expectations rise, visible on-site decarbonisation is becoming central to capital flows and tenant interest. The Zestec-Kingspan partnership signals a broader shift towards value-driven, integrated refurbishment in European commercial real estate. (TF)
