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Global property consultancy firm Knight Frank announced that it has signed a three-year renewable energy […]]
Knight Frank Signs $238 Million Green Energy Deal for UK Properties – ESG Today
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Companies/ Energy Transition
Knight Frank Signs $238 Million Green Energy Deal for UK Properties
Emanuela Hawker
November 27, 2025
Global property consultancy firm Knight Frank announced that it has signed a three-year renewable energy supply contract with French energy giant TotalEnergies valued at more than £180 million (USD$238 million).
Under the new agreement, TotalEnergies will supply renewable energy which will cover the commercial properties managed by Knight Frank across the UK, as well as the firm’s own offices and other sites where it serves as an energy and sustainability adviser.
David Goatman, Global Head of Energy and Sustainability at Knight Frank, said:
“For over 15 years we have been advising our clients on sustainable energy procurement strategies and a partnership of this scale is a testament to our ability to deliver renewable energy at an attractive cost to our clients. Contracts such as this play an important role in portfolio decarbonization strategies and demonstrate a clear statement of our own corporate commitments to sustainable business operations.”
Under the contract, Knight Frank will receive hourly matched REGO-backed electricity, access to corporate power purchase agreements and green gas.
The firm said that the arrangement is expected to support substantial emissions reductions across both its occupied estate and the properties it oversees, saving more than 100,000 tonnes of carbon dioxide over the three-year term.
According to Knight Frank, the new agreement marks is a step toward lowering the environmental impact of buildings within its management portfolio while providing clients with energy options aligned to renewable standards.
Michael Lewis, National Head of Property Management at Knight Frank, said:
“Procuring sustainable and cost-effective energy for the buildings we manage is of central importance to us and our clients. We manage a commercial property portfolio of over £20 billion across the UK and this contract covers the vast majority of our assets under management. It is an important part of our wide-ranging and market-leading ESG services offered to our clients.”
Emanuela Hawker
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