JLL joins the Polish Photovoltaics Association

Strategy 2025 is changing JLL Poland’s business model, with the company focusing on its presence in financial markets as well as ESG.

Due to environmental issues, the local photovoltaic market has been doubling in size y-o-y. This is pushing the development of the industry towards a significant increase in complexity, and related changes. As a result, JLL wants to advise its clients whenever they need support in this increasingly important area. The company has the ability to be competitive not only in the real estate market, but also when working with investment banks and strategic advisors.

Energy and infrastructure are natural development opportunities for JLL, which now aspires to become a voice for the Polish economy’s green transformation. As an ESG proponent for the real estate sector in Poland and a provider of integrated services that directly address the needs of clients, JLL is building a future-oriented consulting offer that goes beyond the scope of the real estate market.

Solar technology accounted for an average of 55% of the global increase in renewable energy in 2017-2020. It is the only type of renewable energy that has been continuously increasing its net capacity since 2013. The International Energy Agency forecasts that this trend is set to grow at an even faster rate.

Poland’s PV market has doubled in the last three years and is now the European Union’s fourth largest. The increased involvement of JLL in this area is not only a response to the development of the market environment and the resulting business challenges. It is also an integral part of the company's new strategy that is strongly focused on ESG-related aspects.

”Today, JLL not only operates in the real estate market. With the best experts in investment banking and strategic consulting, the company is in a position to be a catalyst for the green revolution” - says Mateusz Bonca, CEO of JLL Poland.

”With a global double-digit RES growth, and considering the current macroeconomic environment, our clients and investors want to understand the implications of the changes for their business and investments. Together with them, we want to build strategies that will realistically provide them with long-term savings and a sustainable competitive advantage both locally and abroad. Joining the Polish Photovoltaic Association allows us to benefit from the Association's expertise and share the knowledge and know-how that we have in our organization. This is especially so as we are joining the leaders of the photovoltaic industry as the Polish Photovoltaic Association’s only strategic advisor” – he adds.

In the coming years, almost 90% of global energy demand growth will be met by renewable sources - companies, developers and investors will therefore have to be part of this revolution. JLL provides strategic advisory support in this area as part of the new local Energy and Infrastructure Practice in the Capital Markets department of JLL. Working closely with JLL’s Corporate Finance and Capital Raising experts from Frankfurt, London, and New York, JLL Poland’s Strategy 2025 will become a driving force behind business growth in Poland. In December, Rafał Skowroński took over the leadership of JLL’s new energy infrastructure initiative, with the team being further strengthened by Paweł Okoński who joined in January. Both Rafał and Paweł are experts with extensive knowledge and have successful track records as well as many years of experience which include this area.

”Today well-thought-out investment decisions require a broader approach to analysis, taking into account global challenges in the area of ESG and energy security. Already, as part of cross-sector strategic projects, JLL is advising clients on optimizing the use of buildings in terms of the environment. Our goal is to extend this expertise to the area of finance optimization and investment strategies, ” - states Rafał Skowroński, Director of Energy and Infrastructure at JLL's Capital Markets Department in the Europe, Middle East and Africa (EMEA) region.

Source: MAE, SolarPower Europe