Green Formula Capital https://greenformula.ee/ Fri, 07 Nov 2025 12:04:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://greenformula.ee/wp-content/uploads/GFC-favicon-150x150.png Green Formula Capital https://greenformula.ee/ 32 32 Green Formula Expands into Poland with New Subsidiary and Solar Investments https://greenformula.ee/green-formula-expands-into-poland-with-new-subsidiary-and-solar-investments/ Fri, 07 Nov 2025 12:04:21 +0000 https://greenformula.ee/?p=332 We are pleased to announce an important milestone in the growth of Green Formula Capital – the establishment of our new company Green Formula Poland sp. z o.o. in Poland, marking a strategic step in our continued expansion across Central and Eastern Europe. The newly formed Polish entity will serve as Green Formula’s local investment [...]

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We are pleased to announce an important milestone in the growth of Green Formula Capital – the establishment of our new company Green Formula Poland sp. z o.o. in Poland, marking a strategic step in our continued expansion across Central and Eastern Europe.

The newly formed Polish entity will serve as Green Formula’s local investment and asset management platform, focusing on renewable energy and sustainable real estate projects. As part of this expansion, we have already completed the acquisition of solar energy investments, strengthening our position in the green energy sector and supporting our long-term strategy of building a sustainable investment portfolio.

Entering the Polish market represents a natural continuation of Green Formula’s commitment to responsible investment, energy transition, and ESG-driven asset management. With a strong local presence, we are now even better positioned to identify and develop renewable and real estate opportunities in one of Europe’s most dynamic economies.

Stay tuned to our blog for more updates on our ongoing projects and insights into sustainable investments across the region.

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Green Formula Capital attended the Nordic Real Estate Forum 2024! https://greenformula.ee/green-formula-capital-attended-the-nordic-real-estate-forum-2024/ Thu, 04 Apr 2024 13:13:04 +0000 https://greenformula.ee/?p=251 NREF2024 offered a rich tapestry of discussions, with ESG practices in real estate. When we speak about real estate today, we inherently speak about ESG. So, here are some takeaways from the discussion: The sector stands at the forefront of addressing some of the most pressing environmental challenges, underscored by the European Union’s ambitious roadmap. [...]

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NREF2024 offered a rich tapestry of discussions, with ESG practices in real estate. When we speak about real estate today, we inherently speak about ESG. So, here are some takeaways from the discussion:

The sector stands at the forefront of addressing some of the most pressing environmental challenges, underscored by the European Union’s ambitious roadmap. Vivian Loonela, Head of the European Commission representation in Estonia, highlighted the EU’s commitment to becoming neutral by 2050, with a specific target for the building sector to cut emissions by 60% by 2023. A stark reminder that buildings account for 40% of our energy consumption and over a third of greenhouse gas emissions.

From Sweden, Filip Elland, Chief Sustainability Officer at Castellum, shared insights into the evolving landscape driven by tenant demand for more efficient and sustainable assets. The challenge of new regulations, the need for standardization, and the emphasis on sustainable building materials during the development phase were key points. Elland’s perspective was a valuable reminder of the unique challenges and opportunities in the Nordic market, where renewable electricity and heating pave the way for innovative ESG strategies.

Evaldas Savickis, founder and CEO of Vesta Consulting in Lithuania, spoke on the growing demand for sustainability consultancy in the Baltics. The voluntary reporting of ESG results for branding and reputation, alongside the importance of technology solutions and education about green transitions, resonates with our commitment to ethical and transparent business practices.

Andres Tukk from Swedbank brought to light the complexities of ESG from a banking perspective, emphasizing the strong demand and need for ESG integration. His insights on navigating regulations and the critical role of education in renovations were particularly insightful.

The forum underscored a collective drive towards sustainability, innovation, and collaboration across sectors to meet the ambitious ESG targets. With eyes set on NREF2025 Green Formula Capital, we are inspired to continue pushing the boundaries of what’s possible in sustainable real estate!

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Highlighting a Significant Achievement in Client Portfolio Management https://greenformula.ee/highlighting-a-significant-achievement-in-client-portfolio-management/ Wed, 13 Mar 2024 12:52:55 +0000 https://greenformula.ee/?p=248 Green Formula Capital is honoured to share a landmark achievement in sustainable investment, a testament to our commitment and strategic approach in managing our clients’ portfolios. Over the past two years, through meticulous management and a focus on sustainability, we have facilitated energy savings totalling 15,397,000 kWh across the portfolios entrusted to us by our [...]

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Green Formula Capital is honoured to share a landmark achievement in sustainable investment, a testament to our commitment and strategic approach in managing our clients’ portfolios. Over the past two years, through meticulous management and a focus on sustainability, we have facilitated energy savings totalling 15,397,000 kWh across the portfolios entrusted to us by our valued clients.

This significant accomplishment not only demonstrates our clients’ dedication to environmental sustainability but also our capability to effectively manage investments in a way that aligns financial goals with positive environmental impact. The achieved energy savings are a critical step towards reducing carbon emissions, underscoring our shared commitment to a sustainable future.

We wish to express our sincere gratitude to our clients for their trust in Green Formula Capital. This milestone reflects our joint effort and the powerful impact of combining sustainable investment practices with strategic portfolio management.

Looking ahead, Green Formula Capital remains dedicated to leveraging our expertise in sustainable investment to further our clients’ financial and environmental objectives. We are committed to continuing our work towards setting benchmarks in responsible investment and contributing to a more sustainable world.

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The green lease has been introduced alongside the green loan and leasing https://greenformula.ee/the-green-lease-has-been-introduced-alongside-the-green-loan-and-leasing/ Wed, 07 Feb 2024 13:27:59 +0000 https://greenformula.ee/?p=244 Green loans and leases have been introduced to encourage the development of energy-efficient buildings, complementing traditional financial options. The ‘green lease’ concept, though newer, is rapidly gaining acceptance as a way to embed sustainability in real estate transactions. These agreements are not just symbolic but enforce real commitments to sustainability from both tenants and landlords, [...]

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Green loans and leases have been introduced to encourage the development of energy-efficient buildings, complementing traditional financial options. The ‘green lease’ concept, though newer, is rapidly gaining acceptance as a way to embed sustainability in real estate transactions. These agreements are not just symbolic but enforce real commitments to sustainability from both tenants and landlords, incorporating specific environmental objectives into the lease terms.

Meelis Šokman, Managing Director of Green Formula Capital, emphasizes the significance of green leases, propelled by the EU’s ESG policies, the need for sustainable funding, and advances in technology. These leases mandate significant efforts from both parties to cut down on energy and water consumption and enhance waste management, leveraging modern technologies for better efficiency and informed decision-making.

Despite the upfront costs and efforts, the benefits of green leases are manifold, offering substantial environmental advantages like reduced CO2 emissions and lower energy use, alongside economic gains through improved efficiency. These advantages present a compelling case for the adoption of green leases, projecting a shift towards more sustainable practices in the long run.

Leading this shift, Summus Capital in Estonia, under the guidance of Green Formula Capital, has been an early adopter of green leases, allocating a significant portion of its portfolio to environmentally friendly spaces. Notable examples include SYNLAB Estonia, situated in a LEED-certified building, which highlights the practical benefits and strong partnerships fostered by green leases. This trend is not just limited to Estonia but is expanding across the Baltics and beyond, with expectations that green leases will soon become a standard practice in the industry, marking a significant move towards sustainability in business operations and real estate management.

#ESG #greenleases #commercialrealestate #esginvesting #greenfuture #esgstrategy

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Celebrating LEED Gold at Veerenni Health Center https://greenformula.ee/celebrating-leed-gold-at-veerenni-health-center/ Fri, 08 Sep 2023 10:01:23 +0000 https://greenformula.ee/?p=193 Recent reports highlight an upsurge in demand for green buildings in Estonia, mirroring global trends toward sustainable construction. It’s heartening to see the growing embrace of LEED standards in architectural projects. Forus, a frontrunner in creating sustainable environments, has guided over 30 buildings in the Baltics to attain their LEED certifications. We’re especially proud to [...]

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Recent reports highlight an upsurge in demand for green buildings in Estonia, mirroring global trends toward sustainable construction. It’s heartening to see the growing embrace of LEED standards in architectural projects.

Forus, a frontrunner in creating sustainable environments, has guided over 30 buildings in the Baltics to attain their LEED certifications. We’re especially proud to note that the Veerenni Health Center building, owned by Summus Capital (managed under the ESG expertise of Green Formula Capital), recently achieved the LEED Gold certification.

Increasing energy prices have only bolstered the shift towards energy-efficient structures, with Meelis Šokman of Green Formula Capital emphasising its relevance not only in Nordic markets but also in Estonia. As the world tilts towards sustainable solutions, it’s evident that certifications like LEED are becoming a hygiene factor for new constructions, ensuring quality and future-proofing investments.

Forward-thinking businesses and investors recognise that embracing sustainable practices is not just ethically sound, but economically advantageous.

🔗 https://lnkd.in/dE-Rq5Si

#greenbuildings #sustainability #LEEDcertification #realestate #Estonia

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GFC contributes to DeltaE training https://greenformula.ee/gfc-contributes-to-deltae-training/ Tue, 20 Sep 2022 13:53:59 +0000 https://greenformula.ee/?p=113 Managing Partner of Green Formula Capital Meelis Šokman is contributing to the training organised by DeltaE. The topic of the training is “Energy saving and production solutions in the public sector, industry and commercial real estate”. During the presentation, Meelis covered the ESG program and energy efficiency action plan for real estate. Green Formula Capital [...]

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Managing Partner of Green Formula Capital Meelis Šokman is contributing to the training organised by DeltaE. The topic of the training is “Energy saving and production solutions in the public sector, industry and commercial real estate”.

During the presentation, Meelis covered the ESG program and energy efficiency action plan for real estate.

Green Formula Capital manages over 400 million euros worth of commercial real estate in Estonia, Latvia and Lithuania. In addition, over 150K m2 of projects are under development. Our focus is on sustainable property management that provides long-term benefits to the owner, tenants, financiers and investors. Based on the energy market situation, today’s focus is on energy efficiency and savings.

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GFC participating in the 1ST NATIONAL ROUNDTABLE ON FINANCING ENERGY EFFICIENCY IN ESTONIA https://greenformula.ee/gfc-participating-in-the-1st-national-roundtable-on-financing-energy-efficiency-in-estonia/ Tue, 20 Sep 2022 10:55:47 +0000 https://greenformula.ee/?p=115 Green Formula Capital’s Managing Partner Meelis Šokman is participating in the 1ST NATIONAL ROUNDTABLE ON FINANCING ENERGY EFFICIENCY IN ESTONIA, organised by the European Commission, in partnership with the Ministry of Economic Affairs and Communications. The first national roundtable in Estonia aims to promote dialogue between the key stakeholders in the field of sustainable energy [...]

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Green Formula Capital’s Managing Partner Meelis Šokman is participating in the 1ST NATIONAL ROUNDTABLE ON FINANCING ENERGY EFFICIENCY IN ESTONIA, organised by the European Commission, in partnership with the Ministry of Economic Affairs and Communications.

The first national roundtable in Estonia aims to promote dialogue between the key stakeholders in the field of sustainable energy financing.

Meelis will cover the topic of the experience of investing in energy efficiency. Today as never before this topic requires our attention, it is time to take energy efficiency projects from idea to implementation.

Renovation of commercial properties and energy efficiency of buildings and processes in the industrial sector is mainly driven by the owner’s willingness and rising energy prices. There is a need to find additional incentives to increase the renovation rate. In this session, we are discussing the Energy Performance Contracting (EPC) model and voluntary energy efficiency schemes as additional motivators and experiences from energy efficiency obligation schemes as regulatory instruments.

https://energy.ec.europa.eu/topics/energy-efficiency/financing/capacity-building-and-technical-assistance_en#sustainable-energy-investment-forums

 

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“Most ambitions future plans” BRELF nomination https://greenformula.ee/most-ambitions-future-plans-brelf-nomination/ Mon, 19 Sep 2022 13:57:41 +0000 https://greenformula.ee/?p=118 Green Formula Capital has been invited to take part in the BRELF 2022 nomination as a company with the “Most ambitious future plans”! We feel delighted to be selected for the nomination with our project K-3 Imanta Mall with the main tenant Imantas Tirgus with a goal to re-develop the project. The goal is to [...]

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Green Formula Capital has been invited to take part in the BRELF 2022 nomination as a company with the “Most ambitious future plans”!

We feel delighted to be selected for the nomination with our project K-3 Imanta Mall with the main tenant Imantas Tirgus with a goal to re-develop the project. The goal is to re-develop the project, with the total area of the development being 100 000 sqm. The new heart of Imanta focuses on successful development for the entertainment and service sector needs, where location with a huge catchment area and excellent infrastructure play a key role. An important part of the new concept is efficient solutions with a sustainable lifestyle.

BRELF AWARDS 2022

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GFC is a part of purchase of ex Radiotehnika main building https://greenformula.ee/gfc-is-a-part-of-purchase-of-ex-radiotehnika-main-building/ Sun, 20 Feb 2022 14:59:09 +0000 https://greenformula.ee/?p=120 We are glad to be part of purchase of ex Radiotehnika main building, with Rietumu Bank as a financier! The Property is one of the well-known by Riga inhabitants with Imantas Tirgus located inside. Green Formula Capital has created a sustainable development plan for the property, which will allow to increase usable area, offer more [...]

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We are glad to be part of purchase of ex Radiotehnika main building, with Rietumu Bank as a financier! The Property is one of the well-known by Riga inhabitants with Imantas Tirgus located inside.

Green Formula Capital has created a sustainable development plan for the property, which will allow to increase usable area, offer more services as well as make building more environmentally friendly.

https://www.delfi.lv/bizness/biznesa_vide/pardota-imantas-tirgus-eka.d?id=54067444

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