The partnership between One United Properties and Veolia is part of a broader sustainability strategy that the real estate developer started implementing at the end of 2021, following the decision to join UN Global Pact, the world’s largest sustainability initiative.
“At the end of 2021, we publicly announced, through our adherence to UN Global Pact, the launch of a new sustainability strategy that is set to include a wide range of environmental, social and governance criteria that should meet the needs of all our stakeholders. (…) We are delighted to have found in Veolia Romania Solutii Integrate a reliable partner that shares our vision of building green and sustainable communities,” said Andrei Diaconescu, co-CEO of One United Properties.
In a first stage, VRSI will invest around EUR4 million to develop and operate a geoexchange heating and cooling system at Bucharest’s One Lake District and One Peninsula developments.
Geoexchange system is among the most energy-efficient solutions, environmentally clean, and cost-effective space conditioning systems available. Geoexchange solution does not emit carbon dioxide, carbon monoxide, or other greenhouse gases that contribute to air pollution. In addition, since the geoexchange systems do not burn significant amounts of fuel such as gas, oil, propane, or coal, they operate at a lower cost and are much cleaner. Consequently, the costs for heating and cooling with geoexchange solution are lower than traditional solution and it will be predictable and long-term consumption autonomy.
“The partnership sealed today between Veolia Romania, through Veolia Romania Integrated Solutions, and One United Properties is further proof of the solid capacity and expertise we have in planning, designing, and managing urban water, thermal and sewerage systems in a sustainable and durable manner. By implementing innovative geoexchange heating and cooling solution in the two residential projects, we want to move from the concept of being simple resource users to being resource managers by improving and balancing consumption flows and patterns“, said Madalin Mihailovici, CEO Veolia Romania.
(English version by Catalina Apostoiu)