Electron Green News
Corby, UK – March 2025: Corby Town Shopping and Willow Place have taken a major step towards sustainability with the installation of a state-of-the-art solar energy system. This has been delivered by leading solar developer Electron Green in partnership with Magnetar, financial sponsor and owner of Willow Place, operating partner Northdale Advisors and asset manager Sovereign Centros from CBRE. The initiative will significantly reduce the Centre’s carbon footprint.
The new solar installation comprises 216 solar panels (113kWp) spread across 500m² of the shopping centre’s rooftops. Completed in just three weeks, the solar array will supply over 25% of the Centre’s electricity needs, directly generating clean, renewable energy and substantially reducing reliance on grid electricity.
Aidan McKeown, Portfolio Manager at Magnetar commented:
“Magnetar recognises the growing importance of sustainability in commercial real estate, and this project represents a meaningful step forward. It demonstrates how sustainability initiatives can be effectively integrated into town centre retail, delivering value to customers, retailers, and the local community while showing that sustainability and economic benefits can go hand in hand—setting a strong example for retail destinations across the UK”
Tim Williams, Principal of Northdale Advisors emphasised the commitment:
“Solar promotes a cleaner, healthier local environment and improves facilities and sustainability credentials for retailers. We look forward to implementing further targeted sustainability projects across the portfolio”
Daniel Green, CEO and Co-Founder of Electron Green, added:
“With energy demands expected to rise by 50% over the next decade, businesses need confidence in their energy supply and greater control over their costs. Retailers benefit directly from cleaner, cheaper electricity, and shoppers can feel good knowing their favourite stores are powered by the sun.”
Electron Green sees this project as part of a growing movement to unlock the potential of commercial rooftops for solar power. In the UK alone, there are over 250,000 hectares of commercial rooftops capable of generating 250GW of solar energy – far exceeding the UK’s 2030 energy target.
With energy prices fluctuating and sustainability becoming a key factor in business success, Corby Town Shopping and Willow Place are leading the way for retail destinations across the UK.
Electron Green is a leading international solar developer headquartered in London. The company focuses on bridging the gap between the increasing demand for commercial electricity driven by net zero targets and the current underutilisation of commercial and industrial rooftop space for solar generation. To learn more, visit www.electrongreen.com.
Sovereign Centros from CBRE is an award-winning real estate asset and development management business working with a variety of global capital partners with over a 40 year track record. Sovereign Centros from CBRE specialises in retail with almost 14 million sq ft of major shopping centres and retail parks under its management. Sovereign Centros from CBRE also has a pipeline of approximately five million sq ft of development and refurbishment projects underway. More details can be found at www.sovereigncentros.co.uk
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
Northdale Advisors manages real estate equity and credit strategies across Europe for top tier private equity and hedge fund clients, across real estate asset classes, throughout the UK and Europe.
Sue Welland
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