Portfolio is 41 percent more energy efficient than the national average
HOUSTON – Hines, the international real estate firm, is proud to announce that it received the 2019 ENERGY STAR® Partner of the Year Sustained Excellence Award for continued leadership and superior contributions to ENERGY STAR. Hines’ accomplishments will be recognized by the U.S. Environmental Protection Agency and the U.S. Department of Energy at a ceremony in Washington, D.C. on April 11, 2019.
This is the 15th time Hines has been recognized by the EPA and the 12th time Hines has received the Sustained Excellence Award.
“Hines has always set a high bar in terms of the design and operational efficiency of the assets we develop or manage. It’s exciting to see the impact we’ve made through our 20-year partnership with ENERGY STAR and we remain committed to continuing our work to help reduce greenhouse gas emissions and protect the environment,” said Hines President and CEO Jeffrey C. Hines.
Hines Senior Vice President and Global Sustainability Officer Clayton Ulrich added, “We are honored to receive this award. Our partnerships with multiple institutions, including ENERGY STAR, help us identify best operating practices and cutting-edge technologies in order to stay in the forefront of building operations.”
Hines’ portfolio of ENERGY STAR buildings consists of 236 facilities and more than 91.8 million square feet. With an average performance rating of 74.1, the portfolio is 41 percent more energy efficient than the national average.
“I applaud the 2019 ENERGY STAR Award Winners,” said EPA Assistant Administrator for Air and Radiation Bill Wehrum. “Their innovation and leadership enhance America’s economic competitiveness. Reducing costly energy waste improves air quality and public health while protecting the environment.”
The 2019 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 2019 winners and more information about ENERGY STAR’s awards program, visit energystar.gov/awardwinners.
About HinesHines is a privately owned global real estate investment firm founded in 1957 with a presence in 214 cities in 24 countries. Hines has approximately $120.6 billion of assets under management, including $66.5 billion for which Hines provides fiduciary investment management services, and $54.1 billion for which Hines provides third-party property-level services. The firm has 128 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,348 properties, totaling over 444 million square feet. The firm’s current property and asset management portfolio includes 512 properties, representing over 223 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 STARENERGY STAR® is the government-backed symbol for energy efficiency, providing simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. 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. Since 1992, ENERGY STAR and its partners helped save American families and businesses nearly 4 trillion kilowatt-hours of electricity and achieve over 3 billion metric tons of greenhouse gas reductions. In 2017 alone, ENERGY STAR and its partners helped Americans avoid $30 billion in energy costs. More background information about ENERGY STAR can be found at: energystar.gov/about and energystar.gov/numbers.
