Case Study

Westgate Business Centre

Neonova partnered with Westgate Business Centre, a multi-tenant commercial property in the Midlands, to implement a zero-capital solar solution that supported the owner’s sustainability goals while boosting the property’s market appeal.

Project Highlights:

System Installed
300kWp rooftop solar PV
Property Type
Office and light industrial units
Capital Investment
£0 (fully financed through Neonova’s PPA model)
Implementation Timeframe
8 weeks, zero tenant disruption

Results:

Energy Cost Savings
Tenants saw energy bills reduced by up to 35%
Enhanced NOI
Reduced operating costs contributed to a 6.5% increase in net operating income
Improved EPC Rating
Upgraded from D to B, boosting market valuation
Tenant Retention
Lease renewals increased by 22% over the next cycle
Marketing Advantage
Green Energy Certified” branding applied across leasing materials