Tradition Energy Helps Connecticut Office Complex Become One of the Greenest Facilities in the Nation02/05/2008
For Immediate Release
STAMFORD, CT (February 4, 2008)—Tradition Energy, one of the nation’s largest energy procurement advisory firms, today announced a deal to buy 100% green energy on behalf of Merritt 7 Corporate Park in Norwalk, CT. The purchase propels Merritt 7 to the top 25 on the EPA’s Green Power Partnership of 100% Green Power Purchasers because of the size of their annual energy load, over 25,000,000 kilowatt hours.
“In the course of working with Merritt 7 to procure a conventional power supply contract, we learned that being green was an important corporate value for them,” says Alan Kurzer, President of Tradition Energy, the Stamford-based energy advisory firm who worked with Merritt 7 on the power purchase. “We were able to present energy options that met Merritt 7’s goal of being a green facility. The green energy market is still developing, and many energy customers who want to go green don’t know where to start. Tradition Energy is part of TFS Energy and has access to the environmental products specialists who staff TFS Energy’s globally-awarded emissions group. We bring our customers a level of expertise in the area that’s unmatched.”Tradition Energy worked with Strategic Energy, a national retail electricity provider, to secure renewable energy credits (RECs) equivalent to 100% of Merritt 7’s load. RECs represent the reduction in greenhouse gas emissions that results from generating electricity using renewable resources, rather than fossil fuels. One REC is equivalent to one megawatt of electricity.
“We’re so pleased to reinforce our ongoing commitment to environmental stewardship by purchasing 100% green energy,” says John P. Crosby, chairman and chief executive officer of Albert D. Phelps, Inc., the managing and leasing agency for Merritt 7. “Providing an environmentally sustainable workplace for our tenants is a high priority for us.”
This is the latest accolade for an innovative campus that was named Office Building of the Year 2007 by the Southern Connecticut chapter of Buildings Owners and Managers Association (BOMA). In December 2007, the 1.4 million square foot office complex, which is home to marquis long-term tenants like Eastman Kodak, GE, and Siemens, became the first office facility in Connecticut to earn the U.S. Environmental Protection Agency (EPA)’s Energy Star award in December 2007 in recognition of energy efficiency.
Media Contact: Jennifer Santiago, (713) 609-9927, jsantiago@traditionenergy.comAbout Tradition Energy
Tradition Energy is one of the nation’s largest energy procurement advisors, helping commercial and industrial businesses manage electricity and natural gas costs in volatile deregulated energy markets. Tradition Energy is a division of TFS Energy, one of the world’s top wholesale energy brokerage companies with eight offices worldwide, over 200 employees and in the energy business since 1985. TFS Energy’s TFS Green was recently awarded more awards than any other company in the 8-year history of Environmental Finance Magazine’s industry survey. TFS is a subsidiary of Compagnie Financiére Tradition (CFT), a leading global inter-dealer broker in financial and commodity-related products with a presence in 24 countries and over 2,200 employees. For more information, please visit www.traditionenergy.com.