NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced that it received the 2020 ENERGY STAR® Partner of the Year Award for its outstanding efforts as a Service and Product Provider in executing ENERGY STAR related activities at buildings it manages on behalf of its client companies for the second year in a row.
RMR is responsible for providing all aspects of management services and strategy for more than 1,300 properties with over 93 million square feet of commercial office, industrial, medical office, life science and retail space. In total, RMR manages 47 buildings that are ENERGY STAR certified.
Additionally, as a result of RMR’s energy management programs, one of its client companies, Office Properties Income Trust (Nasdaq: OPI), also received the ENERGY STAR Partner of the Year Award in 2020 for the third year in a row.
Adam Portnoy, President and Chief Executive Officer, made the following statement:
“We are proud to be recognized by the U.S. Department of Energy for our commitment to energy and operational efficiency and I thank our employees whose commitment and ongoing efforts make our achievement of this recognition for a second consecutive year possible. Our property management operations are focused on delivering energy efficiency solutions for our buildings, and by extension, for our tenants and the environment.”
Anne Idsal, EPA Principal Deputy Assistant Administrator for Air and Radiation, provided the following comments:
“I salute the 2020 ENERGY STAR award winners. These leaders demonstrate how energy efficiency drives economic competitiveness in tandem with environmental protection.”
The ENERGY STAR Partner of the Year award recognizes ENERGY STAR partner businesses and organizations in good standing that demonstrate superior leadership, innovation, and commitment to environmental protection through energy efficiency and ENERGY STAR.
For a complete list of 2020 winners and more information about ENERGY STAR’s awards program, visit energystar.gov/awardwinners.
About The RMR Group Inc.
The RMR Group Inc. is a holding company, and substantially all of its business is conducted by its majority-owned subsidiary, The RMR Group LLC. The RMR Group LLC is an alternative asset management company that primarily provides management services to publicly traded REITs and real estate operating companies. As of December 31, 2019, The RMR Group LLC had $32.2 billion of real estate assets under management, including over 2,100 properties, and employed approximately 600 real estate professionals in more than 30 offices throughout the United States; and the companies managed by The RMR Group LLC collectively had nearly 50,000 employees. The RMR Group Inc. is headquartered in Newton, Massachusetts.
About Office Properties Income Trust
Office Properties Income Trust is a real estate investment trust, or REIT, focused on owning, operating and leasing properties primarily leased to single tenants and those with high credit quality characteristics like government entities. OPI is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR).
About ENERGY STAR
ENERGY STAR® is the government-backed symbol for energy efficiency, providing simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations—including more than 40 percent of the Fortune 500 companies—rely on their partnership with EPA to deliver cost-saving energy efficiency solutions. Since 1992, ENERGY STAR and its thousands of partners helped American families and businesses save more than 4 trillion kilowatt-hours of electricity and achieve over 3.5 billion metric tons of greenhouse gas reductions. In 2018 alone, ENERGY STAR and its partners helped Americans avoid nearly $35 billion in energy costs. More background information about ENERGY STAR can be found at: energystar.gov/about and energystar.gov/numbers.