March 25, 2020
News Real estates Hybrid energy solutions

Adven will design Porto Franco’s environment-friendly renewable energy solution

Porto Franco, one of the largest real estate projects ever implemented in Estonia will be cooled by renewable energy within the next few years. Adven will realize Porto Franco’s energy solution and operates the cooling facility in the future.

The future cooling solution of Porto Franco will utilize renewable electricity generated by the cogeneration plants of Adven Estonia. While the initial capacity of the cooling plant will be 4.8 MW, the flexible solution enables installation of up to 6 MW of cooling capacity in case the building expands further.

Kevin Vaher, the Baltic Sales Director of Adven, says that this is the most optimal solution for Porto Franco. “We analysed the actual needs of the centre with the specialists of Porto Franco and, as a result of long discussions, were able to reduce the originally planned capacity of the cooling plant, thereby also reducing the costs and investment need,” he noted.

Environmentally responsible thinking and sustainable development are in the core of Adven’s daily operations: as an implementor of future energy solutions that aim to reduce the environmental impact, Adven constantly investigates the clever use of biofuels, waste materials, as well as residual heat, and contributes in taking these opportunities efficiently in use.

“Adven aims to reduce the carbon dioxide emissions by 200,000 tons through its activity. This goal does not only include the measures applied in our own energy generation operations, but also everything that we can do to reduce the emissions of our clients. This approach takes into consideration our growth-oriented goals as well as our regular long-term business logics. Porto Franco is one of the key clients that we can work with in order to implement environment-friendly solutions in practice,” said Kevin Vaher.

Rauno Teder, Chairman of the Board of Porto Franco, says that Adven’s ability to find solutions which are efficient as well as environment-friendly was a great match with the centre’s own approach. “Porto Franco will be built in compliance with the requirements of the LEED Gold standard which is used to acknowledge those buildings that are designed, build, and used based on the principles of environmental protection and sustainable development. Involving Adven has undoubtedly helped us to achieve this goal. Implementation of energy-efficient solutions will also support more efficient functioning of the entire centre which will protect the environment and save money for us and for the clients of the centre thanks to lower administrative costs,” said Rauno Teder.

Construction of Porto Franco in an environment-friendly manner and according to the requirements of the LEED Gold standard means that the project is compliant with high requirements with respect to environmental protection, energy consumption, construction operations, and building materials. The project involves using several state-of-the-art energy- and water-efficient technologies and reducing the amount of waste and pollution generated.


Further information:

Adven, Kevin Vaher, Baltic Sales Director, kevin.vaher@adven.com, +372 512 2314

Porto Franco OÜ, Rauno Teder, Board Member, rauno.teder@portofranco.ee, +372 509 0035


Porto Franco is a unique property development which will open the heart of the city of Tallinn up to the sea and provide the only seaside area for entrepreneurship and leisure time in Tallinn. 190 million euros will be invested into the Porto Franco development and the surface area of the new multifunctional district will exceed 150,000 m2. The Porto Franco complex will consist of three underground levels for a parking building with 1,170 parking spaces and for rented commercial premises, and of five levels above the ground for a shopping centre, an office centre, and a hotel. Porto Franco is developed by Porto Franco OÜ. The shareholders of Porto Franco OÜ are successful companies which, in addition to their principal activities, invest in long-term projects which create added value for the Estonian economic environment. The company’s management board have many years of international experience in the development of office and commercial premises. www.portofranco.ee/en/