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“Energy Retrofits Boost California Retail Portfolio” CPE – Jan 16, 2019
Helping retailers to provide meaningful shopping experiences through environmental stewardship is central to the mission of Cincinnati-based Phillips Edison & Co. (PECO). The retail REIT’s expanding portfolio of California properties equipped with solar arrays resonates with environmentally conscious consumers when they arrive to shop or dine. By the end of 2019, Phillips Edison expects to complete five solar projects at properties comprising more than 500,000 square feet in Central and Northern California. The company is partnering with Blue Sky Utility, a Napa, Calif.-based renewable energy developer.