The deal with Vayu Energy allows Dundrum Town Centre to achieve cost savings by taking advantage of cheaper prices available in the wholesale electricity market.
Spanning more than 120,000 square metres, the town centre is one of the largest premier retail and leisure destinations in Ireland. The centre has over 160 tenants including luxury and high street stores, a 200-seat cinema complex, a 200-seat theatre, bars and over 40 restaurants and coffee shops as well as parking facilities for 3,400 cars.
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Other key initiatives at Dundrum Town Centre include the recycling of over 75% of waste produced at the centre, compositing of all food waste and measures for reduced water consumption. In addition, the centre's energy efficiency programme targets annual reductions in carbon emissions of 15% with a long term goal of being a carbon neutral town centre scheme.
Dundrum Town Centre Director, Don Nugent, said: "The deal means that the Centre’s carbon footprint is now zero in terms of the electricity it consumes. The long term goal is for Dundrum Town Centre to be a carbon-neutral scheme.
"Environmental sustainability is very important for us as a company. We take our responsibilities very seriously when it comes to managing the resources we use. We're delighted that this deal provides us with 100% renewable electricity, thereby helping to reduce our carbon footprint even further."
(CD/MH)
