EPA Recognizes Beacon Capital Partners with 2016 Energy Star Partner of The Year - Sustained Excellence Award
In The News
BOSTON, MA – May 12, 2016 – The U.S. Environmental Protection Agency (EPA) has recognized Beacon Capital Partners, a leading commercial office investor, with its 2016 ENERGY STAR Partner of the Year – Sustained Excellence Award for Beacon’s continued leadership in protecting our environment through superior energy efficiency achievements. Beacon, recognized as an ENERGY STAR Partner of the Year since 2012, was honored for successfully improving and optimizing energy efficiency in its portfolio of office buildings located throughout the U.S. as part of its overall sustainability initiatives and best practices to improve buildings and transform them into Class-A properties. Beacon received the EPA’s ENERGY STAR Partner of the Year Award - Sustained Excellence in 2015 and 2014 and was named EPA’s ENERGY STAR Partner of the Year in 2013 and 2012. “We are extremely proud of our longstanding partnership with ENERGY STAR and value the recognition that comes with this award,” said Alfred Scaramelli, Managing Director at Beacon Capital Partners. “Improving the workplace environment and increasing energy efficiency in our buildings is a cornerstone of our investment philosophy. It is encouraging to see that tenants and investors alike value a sound sustainability program.”
Since its inception in 1992, ENERGY STAR and its partners have helped prevent a total of more than 2.4 billion metric tons of greenhouse gas emissions. In 2014 alone, ENERGY STAR and its partners provided more than $11 billion in societal benefits due to reducing damages from climate change.“ By continued collaboration with ENERGY STAR, Beacon Capital Partners is helping Americans save money, save energy, and do its part to reduce our nation’s greenhouse gas emissions that exacerbate climate change,” said EPA Administrator Gina McCarthy. “I’m proud to recognize Beacon Capital Partners with the highest form of ENERGY STAR recognition, as the winner of the 2016 Partner of the Year – Sustained Excellence Award. Beacon demonstrates a strong commitment to energy efficiency and to preserving a healthy planet for future generations.” The 2016 Partner of the Year – Sustained Excellence Awards are given to a variety of organizations to recognize their contributions to reducing harmful carbon pollution through superior energy efficiency efforts. These awards recognize ongoing leadership across the ENERGY STAR program, including energy-efficient products, services, new homes, and buildings in the commercial, industrial, and public sectors. For a complete list of 2016 winners and more information about ENERGY STAR’s awards program, visit www.energystar.gov/awardwinners.
About Beacon Capital Partners
Beacon Capital Partners is a tenant-focused private real estate investment firm with a 70-year legacy of successful real estate development, ownership, and management. Beacon invests in high-quality office properties in core urban markets with highly-educated workforces. Our hands-on approach transforms these properties for today’s tenants, with innovative design, state-of-the-art connectivity, modern amenities, and award-winning sustainability and risk management initiatives. From Fortune 100 firms to the leading innovative and growth companies, our tenants are proud to call our distinctive workplaces home. Beacon has raised eight investment vehicles totaling over $12 billion in equity since 1998 from a diverse investor group including endowments, foundations, public, private, and foreign pension funds, financial institutions, and sovereign wealth funds. This equity has fueled 150+ office investments with a projected total value of approximately $30 billion (including leverage and JV partner equity). For more information, visit www.beaconcapital.com.
About ENERGY STAR®
ENERGY STAR® is the simple choice for energy efficiency. For more than 20 years, people across America have looked to EPA’s ENERGY STAR program for guidance on how to save energy, save money, and protect the environment. Behind each blue label is a product, building, or home that is independently certified to use less energy and cause fewer emissions that contribute to climate change. Today, ENERGY STAR is the most widely recognized symbol for energy efficiency in the world, helping families and businesses save $362 billion on utility bills while reducing greenhouse gas emissions by more than 2.4 billion metric tons since 1992. Join the millions who are already making a difference at energystar.gov.