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News : Real Estate Feb 15, 2013 - 7:33:45 AM

Benenson Capital Partners Completes State-of-the-Art Solar Installation at 1600 Summer Street in Stamford, CT

By Benenson Capital Partners, LLC

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1600 Summer Street (contributed photo)
Stamford, CT - Benenson Capital Partners, LLC, one of the nation’s oldest privately-held real estate investment and development companies, has completed the installation of state-of-the-art rooftop solar energy equipment and paneling at its six-story, 260,000-square-foot, technologically-advanced 1600 Summer Street property, which is located on a five-acre campus in Stamford, CT. The announcement was made today by Richard A. Kessler, Chief Operating Officer of Benenson Capital Partners.

Benenson commissioned energy leader Elliot Isban of American Solar and Alternative Power to oversee the project at 1600 Summer Street – one of Stamford’s premium office properties, which is currently leased to GE Asset Management, Philips Electronics, North American Corporation and Aon Corporation.

“Over the years, we have transformed the property at 1600 Summer Street to meet the needs of the most innovative and successful businesses,” said Mr. Kessler. “From the newly designed lobby and Euro Café to the Wi-Fi connected public areas and the fully equipped conference center, every effort has gone into fostering creative interactions. Providing an efficient energy source for the building was a natural next step, which reflects the Benenson tradition of caring for our communities and standing at the forefront of innovative fossil fuel-free environmental technology progresses.”

The building at 1600 Summer Street is one of only a handful of properties in Stamford to boast rooftop solar panels, and it reflect Benenson’s long-term commitment to supporting environmentally sensitive projects, which benefit not only the building’s tenants but also the larger community.

American Solar and Alternative Power, which has been in the energy conservation business for 25 years, provided Benenson with an integrated offering of solar solutions, with the ultimate goal of maximizing the potential of the solar array to reduce the property’s reliance on non-renewable resources.

The positive environmental impact of the solar project is extensive, including a reduction in carbon dioxide emissions to the tune of 113,147 pounds per year, as well as reductions in sulfur dioxide (479 pounds per year) and nitrous oxide emissions (189 pounds per year). These savings are equivalent to a passenger car reducing its annual mileage by 139,808. The building features premier SunPower solar panels, which are the most efficient in the nation, which features a system that tracks the solar power produced and the consequent benefits to the environment.

“Benenson Capital Partners is part of a very elite group of companies that have had the foresight to take such a bold step forward toward sustainability,” said Mr. Isban, CEO of ASAP. “The commitment that the firm has made to utilize solar energy offers tenants yet another example of Benenson’s pledge to consistently provide a best-in-class work environment.”

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