Regency Centers (NYSE:REG), a national owner, operator, and developer of
grocery-anchored shopping centers, announced today that it won the
inaugural Lighting Energy Efficiency in Parking (LEEP) campaign award as
part of the Department of Energy’s (DOE) Better Buildings Alliance
initiative. The company won the award for the “Highest Percentage
Savings in a Retrofit at a Single Parking Facility” for its Rona Plaza
shopping center located in Santa Ana, CA.
The LEEP campaign supports and recognizes parking facility owners and
operators who have installed energy-efficient lighting solutions. “By
participating in the LEEP campaign, our partners are saving energy,
improving their bottom lines and serving as models for other
organizations to increase the use of energy efficiency in their
communities,” said Assistant Secretary for Energy Efficiency and
Renewable Energy David Danielson.
Regency Centers is committed to being an industry leader in
sustainability. To deliver on this commitment, the company has
aggressively pursued the implementation of high-efficiency lighting
technologies across its portfolio. These technologies provide
significant environmental benefits and reduced energy and maintenance
costs, but also provide superior lighting quality and improve the
nighttime curb appeal of their shopping centers. The Rona Plaza site
installed best in class LED fixtures equipped with a state-of-the-art
wireless control system. Combined, the new lighting system reduces
energy use by 88% compared to the previous technology.
“The real pride from this award comes from the bigger picture,” said
Mark Peternell, Regency’s Vice President of Sustainability. “We are a
strong believer in LED technology and the numerous benefits it provides.
Not only are we saving energy and reducing operating expenses, but we’re
also improving the way our shopping centers look. The LEEP award is a
wonderful honor, and we are thrilled to be a part of such a prestigious
group of participants.”
About Regency Centers Corporation
Regency is the preeminent national owner, operator, and developer of
high-quality grocery-anchored neighborhood and community shopping
centers. With 332 retail properties, the company’s portfolio encompasses
over 43.9 million square feet located in top markets throughout the
United States, including co-investment partnerships. As of May 2014,
Regency has developed 215 shopping centers since 2000, representing an
investment at completion of more than $3 billion. Operating as a fully
integrated real estate company, Regency is a qualified real estate
investment trust that is self-administered and self-managed.
Copyright Business Wire 2014