Axelor Powers Up Czech Republic's Green Energy Future

The Czech investment fund Watt & Build, a key part of the Axelor group, is rapidly expanding its footprint in the large battery storage facility sector, a crucial component of the renewable energy landscape. This strategic move includes the completion of a 2.5 MW facility in Mydlovary and the ambitious announcement of a 12.5 MW project, five times larger, situated near Olomouc. Valued at CZK 200 million (€8.2 million), the Olomouc facility is slated to begin construction this autumn and become fully operational in the first quarter of 2026.

These state-of-the-art facilities are designed to play a pivotal role in stabilizing the electricity grid and enabling the capitalization on electricity price differentials, ensuring greater energy efficiency and reliability across the region. This significant investment underscores a robust commitment to sustainable energy solutions within the Czech Republic.

Driving Economic Growth and Investment Confidence

Watt & Build's ventures are not just about environmental impact; they also demonstrate strong financial performance and attract further investment. Last year, the fund surpassed its target return, delivering an impressive 13% appreciation for its investors. Furthermore, Axelor anticipates that Watt & Build's assets under management will exceed CZK 700 million (€28.7 million) by the end of this year. This financial success signals a healthy and growing sector, which in turn fosters a positive environment for ancillary businesses and services.

Unlocking Commercial Real Estate Demand

For businesses seeking office or warehouse space to rent, Axelor's expansion presents a wealth of new opportunities, particularly in the Olomouc and Mydlovary regions and their surrounding areas:

Warehouse & Industrial Space

The construction and ongoing operation of these large battery storage facilities will generate substantial demand for industrial and warehouse properties. Businesses specializing in logistics, component storage, equipment maintenance, and even potential assembly or manufacturing related to green energy technology will find these locations increasingly attractive. The need for secure, accessible industrial units to support the infrastructure build-out and subsequent operational maintenance creates a prime market for warehousing solutions.

Office Space & Business Services

Beyond industrial needs, the management and support of such large-scale projects require dedicated office space. Project management teams, engineering firms, administrative staff, and various professional service providers (e.g., legal, consulting, IT) will seek modern, well-connected office rentals in the vicinity. This growth can stimulate the development of new office hubs or enhance the value of existing commercial properties in regional centers like Olomouc.

Axelor's strategic investments in battery storage are set to energize the Czech Republic's green future, simultaneously creating a fertile ground for businesses looking to expand or establish operations within a rapidly growing and sustainable economy. Identifying and securing commercial real estate in these burgeoning areas now could position businesses for long-term success.

Source: property-forum.eu