Institutional warehouse landlords face clear imperatives: EPC B by 2030, GRESB Green Star targets, and tenants demanding renewable energy. Solar PV is the single most impactful intervention on warehouse stock.
Tenant consent process
(1) Tenant writes formal consent request (MCS contractor spec, system details). (2) Landlord responds within 28 days. (3) Landlord may require: structural survey, MCS proof, planning confirmation, insurance certificates, reinstatement covenant. (4) Green lease addendum signed (BBP toolkit). Institutional timeline: 4-8 weeks. Prologis, Segro, GLP, Tritax, Blackstone: all have pre-approved BBP green lease templates.
Green lease addenda (BBP toolkit)
Core provisions: tenant right to install solar on demised roof; landlord roof access preserved; system remains tenant asset; reinstatement on lease end (tenant obligation unless negotiated); monitoring data shared for GRESB/ESG; energy performance covenant. All major institutional landlords issued BBP-aligned templates: typically signed within 4 weeks.
Landlord-owned solar — MEES EPC B strategy
All let commercial property must reach EPC B by 1 April 2030. Solar PV: 8-14 EPC point uplift per install (often D → B in one intervention). Landlord claims AIA. System enhances rental value and lease liquidity. Attracts MEES-compliant tenants at premium rents.
Property value impact
Rental premium: 3-8% for EPC A/B vs EPC D/E (CBRE/Savills 2024-25). Yield compression: 15-25bps for EPC B vs EPC D. GRESB Green Star: renewable energy = direct GRESB credit. Void reduction: EPC B+ units leasing faster in all UK logistics markets.
REIT ESG requirements
TCFD mandatory (large companies FY2023+). GRESB annual survey: Energy score = one of five pillars. EPRA BPR. FCA SFDR. Segro, Prologis, GLP, Tritax: internal solar targets per sqm. Solar coverage improves GRESB score → lower cost of capital on green bonds.
See more
Landlord guide: /guides/warehouse-solar-landlord-guide/. MEES guide: /guides/warehouse-mees-solar-compliance/. Green lease guide: /guides/warehouse-solar-green-lease/. Contact: /contact/.