(HOUSTON) – Hines, the international real estate firm, announced today that it has been recognized by the U.S. Environmental Protection Agency (EPA) as a 2017 ENERGY STAR Partner of the Year – Sustained Excellence Award winner for continued leadership in protecting our environment through superior energy efficiency achievements. Hines will be recognized by the U.S. Environmental Protection Agency and the U.S. Department of Energy in Washington, D.C. April 26, 2017.
This is the 13th time Hines has been recognized by the EPA and the 10th time Hines has received the Sustained Excellence Award.
Hines’ portfolio of ENERGY STAR buildings consists of 177 facilities and more than 75.9 million square feet. With an average performance rating of 86.5, the portfolio is 43.4 percent more energy efficient than the national average.
“Since the firm’s founding 60 years ago, we’ve had a high bar in terms of mechanical systems efficiency and energy savings.” said Hines President and CEO Jeffrey C. Hines. “Hines truly values our partnership with ENERGY STAR and we use their program in tandem with Hines’ proprietary building management tools to support our engineering efforts to maximize performance, minimize risk and preserve long-term value.”
Hines Global Sustainability Officer Gary Holtzer added, “ENERGY STAR is an important part of our global sustainability program. It helps us maximize performance, minimize risk and preserve long-term value for our investors, partners, clients and tenants. Each of these efforts contributes to the well-being of the communities in which we operate.”
The 2017 Partner of the Year – Sustained Excellence Awards are bestowed upon a diverse set of organizations that have demonstrated continued leadership in energy efficiency. Winners hail from small, family-owned businesses to Fortune 500 organizations – representing energy-efficient products, services, new homes and buildings in the commercial, industrial and public sectors.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 189 cities in 20 countries. Hines has approximately $96.5 billion of assets under management, including $48.5 billion for which Hines provides fiduciary investment management services, and $48 billion for which Hines provides third-party property-level services. The firm has 114 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,206 properties, totaling over 390 million square feet. The firm’s current property and asset management portfolio includes 533 properties, representing over 213 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 has 16,000 partners working to protect the environment through greater energy efficiency, including manufacturers, retailers, public schools, hospitals, real estate companies and homebuilders. Since 1992, ENERGY STAR and its partners have saved American families and businesses $430 billion on their energy bills and 4.6 trillion kilowatt-hours of energy, while achieving broad emissions reductions—including 2.8 billion metric tons of greenhouse gas emissions.