Regency Centers Completes Major Solar Panel Installation in California

April 13, 2016

JACKSONVILLE, Fla.–(BUSINESS WIRE)–Regency Centers, (REG) a national owner, operator, and developer of grocery-anchored shopping centers, in partnership with SoCore Energy and several of its retail partners, is announcing the installation of over 750 KW of rooftop solar photovoltaic systems at Persimmon Place in Dublin, CA and East Washington Place in Petaluma, CA. Combined, the systems include approximately 2,500 modules and are expected to produce over 1,200,000 kilowatt hours of clean and renewable electricity each year.

“This is a win-win scenario for Regency, our retail partners that are participating in this unique offering, and the environment,” said Mark Peternell, Vice President of Sustainability for Regency Centers. “We generate income from an unused portion of the shopping center roof, and the participating retailers save on their monthly electricity expenses.”

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