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KPMG in Cyprus enters into partnership with EnergyIntel

KPMG in Cyprus enters into partnership with EnergyIntel

KPMG in Cyprus and EnergyIntel have signed a partnership agreement for the provision of the innovative, energy-efficient solution, PayGreen.

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Based on the agreement, both companies will work collaboratively to install two photovoltaic modules both at KPMG buildings in Nicosia and Limassol, with a total capacity of 100 KWp. KPMG photovoltaic installations are expected to produce 156.000 KWh per year, while saving 109.200 tons of CO2.

Commenting on the collaboration, Ms. Eugenia Herodotou, Chief Executive Officer of EnergyIntel, stated: “It is with great pleasure and satisfaction that we join forces with the team of KPMG in Cyprus. We feel confident that this partnership will enhance the future prospects of the Paygreen solution we are offering.”

On behalf of KPMG in Cyprus, the CEO of the Firm, Mr. Christos Vasiliou, stated: “Within the framework of our KPMG Impact Plan that is being implemented on a global level, we commit to our target to become a net-zero carbon organisation by 2030 and to achieve 100% renewable electricity. We are excited to embark into this collaboration with EnergyIntel, which will supplement our organisation's efforts to save energy while taking one more step towards protecting the environment in which we operate.”

ENDS

 

About KPMG in Cyprus

KPMG has been operating in Cyprus since 1948 and currently employs more than 850 professionals working from 6 offices across the island (Nicosia, Limassol, Larnaka, Pafos, Paralimni and Polis Chrysochous). It is a member of KPMG International Limited, a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG operates in 146 countries and territories and has approximately 227.000 people working in member firms around the world. Clients look to KPMG for a consistent standard of service based on high-order professional capabilities, industry insight, local knowledge and expertise.

About EnergyIntel

EnergyIntel is a reputable company registered in Cyprus, with main operations in the field of renewable energy for the last 15 years. EnergyIntel participated in the design and implementation of several energy projects in Cyprus and Greece (total project capacity 150MW) and has being active in providing consulting services to both banks and investment funds, for the development of energy projects in Cyprus.

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KPMG refers to the global organization or to one or more of the member firms of KPMG International Limited (“KPMG International”), each of which is a separate legal entity. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. For more detail about our structure please visit https://home.kpmg/governance.

Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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