Innovative Heating Solution: ARGAN and REXEL's Green Initiative
Revolutionary Partnership Between ARGAN and REXEL
In a remarkable collaboration, ARGAN and REXEL have united their efforts to enhance sustainability by significantly lowering CO2 emissions at their logistics center. The recent inauguration of a state-of-the-art heating system demonstrates their commitment to green energy initiatives. This endeavor is expected to reduce energy consumption by a staggering factor of 7, while simultaneously cutting CO2 emissions by 14 times.
Cestas Logistics Center: A Model of Efficiency and Sustainability
The Cestas logistics center, where this innovative project is taking form, is an essential hub strategically located near Bordeaux. Covering 18,000 square meters, this facility primarily serves B2B clients across various sectors, including electrical and construction industries. With around 25,000 stock-keeping units (SKUs) and quick lead times, the center proves to be a vital link in REXEL's supply chain.
The Innovative Heating System
Replacing the old gas heating system, the new solution integrates electric heat pumps with a green gas system. Outfitted with an advanced Building Management System, this setup is designed to optimize energy use and enhance monitoring capabilities. This hybrid approach ensures that heating remains consistent through varying temperatures, only utilizing gas in extreme cold to support the electric heat pumps.
Supporting Green Initiatives
The implementation of this system signifies a strategic move towards sustainability. ARGAN's and REXEL’s collaboration reflects a unified vision to transition away from fossil fuels to a more eco-friendly energy model. The successful installation was completed without interrupting the logistics operations, showcasing exceptional project management.
Leadership Perspectives on Sustainability
Both Thomas Moreau, CEO of REXEL France, and Stéphane Cassagne, Director of ARGAN’s Asset Management, have highlighted the significance of this project. Moreau emphasized alignment with REXEL's strategy to lower carbon footprints and enhance energy efficiency across their properties. At the same time, Cassagne noted the effective teamwork behind the implementation, which aims to cut the overall carbon emissions of their portfolio by 50% by 2030.
Looking Ahead: Future Financial Milestones
With the successful inauguration of the heating system, both companies remain focused on their upcoming financial reporting timelines. They are set to release major updates, including half-year results and sales data, providing stakeholders with insight into their continued commitment to sustainability and growth.
About ARGAN
As a premier real estate entity specializing in the development and rental of premium warehouses in France, ARGAN is dedicated to enhancing its offering with value-added services while maintaining a strong sustainability focus. Their portfolio has grown significantly, featuring approximately 3.7 million square meters of developed properties, reflecting their unwavering commitment to quality and ecological responsibility.
Frequently Asked Questions
What is the purpose of the collaboration between ARGAN and REXEL?
The partnership focuses on reducing CO2 emissions and enhancing energy efficiency at the Cestas logistics center through innovative heating solutions.
How much will CO2 emissions be reduced with the new system?
The new heating system is expected to cut CO2 emissions by a factor of 14 at the Cestas logistics center.
What technologies are being utilized in the new heating system?
The system employs a combination of electric heat pumps and green gas technology for efficient and sustainable heating.
How does the new system improve energy efficiency?
By optimizing resource usage and reducing energy consumption through innovative hybrid technology, the system significantly enhances energy efficiency.
When will ARGAN and REXEL release their next financial results?
They will release half-year results and other financial updates in the coming months, showcasing their performance and ecological initiatives.
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