juwi and SEGRO to build rooftop solar arrays

- Long-term cooperation started with major industrial real estate developer

Frankfurt / Wörrstadt, Germany - The juwi group and SEGRO plc, one of Europe’s leading property investment and developing companies, have agreed long-term cooperation for climate protection. The first agreement between the German project developer for renewable energy installations and the London-based provider of business space comprises integration of a photovoltaic station on a SEGRO building in Frankfurt. This showcase project at neckermann.de is to be build in the first half of 2009 and will be followed by many more solar power stations on SEGRO properties in Europe. A letter of intent has been signed. SEGRO’s business property portfolio includes about a million square meters of commercial real estate in Germany alone. "SEGRO’s commitment is ideal. The transition to a clean, affordable and independent power supply with stable prices can only occur if companies are willing to mount PV systems on its properties," says Lars Falck, managing director of juwi Solar GmbH.

The project involving about 7,000 m2 of rooftop space at neckermann.de in Frankfurt, a leading mail-order company, will have production capacity of 160 kilowatts and generate 150,000 kilowatt-hours of electricity a year, enough to power nearly 50 homes. The clean power station will also displace 115 tonnes of carbon dioxide (CO2) annually. "By working together we are sending a signal that everyone can contribute to climate protection. The project also demonstrates that protecting the climate pays off for industry ecologically and economically," adds Inès Reinmann, Managing Director SEGRO Continental Europe.


About the juwi group

With annual revenue of some 400 million euros, the juwi group ranks among Germany’s leading renewable energy companies. With more than 400 staff, juwi is involved in the entire value creation chain in the segments of solar power, wind energy and bioenergy. In the solar segment, juwi had implemented approximately 800 photovoltaic installations representing more than 200,000 kilowatts of capacity – investment valued at more than 700 million euros – by the end of 2008.


About SEGRO plc

SEGRO plc is Europe’s leading provider of flexible business space. Headquartered in the UK, SEGRO plc is listed on the London Stock Exchange and on the Euronext in Paris as a Real Estate Investment Trust (REIT). SEGRO is a property investment and development company with offices in ten countries and a customer base of around 1,700 customers ranging from start ups to global corporations. With property assets of 5.24 billion euros and around 5 million m2 of business space, SEGRO has an annual rent roll of approximately 308 million euros.


Frankfurt / Wörrstadt, Germany, January 21th, 2009.


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Ralf Heidenreich, Press Officer, juwi Holding AG.

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