04/03/2018 | Press release | Distributed by Public on 04/03/2018 09:53
(HOUSTON) - Hines, the international real estate firm, announced today that it has been recognized by the U.S. Environmental Protection Agency (EPA) with the 2018 ENERGY STAR Partner of the Year - Sustained Excellence Award for its continued leadership in protecting our environment through superior energy efficiency achievements. The firm's accomplishments will be recognized in Washington, D.C. on April 20, 2018.
This is the 14th time Hines has been recognized by the EPA and the 11th time Hines has received the Sustained Excellence Award.
'We are honored to receive this award,' said Hines President and CEO Jeffrey C. Hines. 'Since the firm's founding in 1957, we've set a high bar in terms of mechanical systems efficiency and energy savings. Our participation in the ENERGY STAR program is an important aspect of the firm's commitment to sustainability.'
Hines Senior Vice President of Corporate Operations and Engineering Services and the firm's Global Sustainability Officer Clayton Ulrich added, 'Hines truly values our partnership with ENERGY STAR. We use ENERGY STAR in tandem with Hines' proprietary building management tools to support our engineering efforts to maximize performance, minimize risk and preserve long-term value for our investors, partners, clients and tenants.'
Hines' portfolio of ENERGY STAR buildings consists of 165 facilities and more than 77.6 million square feet. With an average performance rating of 87.9, the portfolio is 30 percent more energy efficient than the national average.
'The 2018 ENERGY STAR Partners of the Year have demonstrated real leadership, showing how American families and businesses can save energy, save money, and reduce air emissions,' said Bill Wehrum, EPA Assistant Administrator for Air and Radiation.
The 2018 Partner of the Year - Sustained Excellence Awards are bestowed upon companies and other organizations demonstrating continued leadership in energy efficiency and commitment to the ENERGY STAR program. For a complete list of 2018 winners and more information about ENERGY STAR's awards program, visit energystar.gov/awardwinners.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 201 cities in 24 countries. Hines has approximately $111 billion of assets under management, including $60 billion for which Hines provides fiduciary investment management services, and $51 billion for which Hines provides third-party property-level services. The firm has 108 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,295 properties, totaling over 422 million square feet. The firm's current property and asset management portfolio includes 506 properties, representing over 210 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.
About ENERGY STAR
ENERGY STAR® is the simple choice for energy efficiency. For over 25 years, EPA's ENERGY STAR program has been America's resource for saving energy and protecting the environment. Join the millions already making a difference at energystar.gov. More background information about ENERGY STAR can be found at energystar.gov/about and energystar.gov/numbers.
Thousands of industrial, commercial, utility, state, and local organizations-including more than 40 percent of the Fortune 500®-rely on their partnership with the U.S. Environmental Protection Agency (EPA) to deliver cost-saving energy efficiency solutions. Together, since 1992, ENERGY STAR and its partners have helped save American families and businesses over $450 billion and over 3.5 trillion kilowatt-hours of electricity while also achieving broad emissions reductions-all through voluntary action.