Morguard Investments continues its sustainability leadership with Energy Advantage partnership.

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BURLINGTON, Ontario — June 28, 2016Morguard Investments Limited (Morguard), a major North American real estate and property management company has awarded a contract extension to Energy Advantage Inc. (EA), to build upon its commercial and retail properties’ energy, waste and water performance data foundation and expand its information management capabilities in support of its energy and sustainability analysis, stakeholder reporting and performance targets.

 Morguard contracted EA in 2010 to assist with implementing an energy management program for its corporate facilities. Since then Morguard has been able to demonstrate highly credible results to its stakeholders. Morguard is now well positioned to make better decisions on implementing the right products and processes to continue to reduce its highest controllable facility level costs and improve its overall building sustainability. “Our partnership with Energy Advantage is highly valued and we look forward to building on the trusted data and reporting foundation we have built together and continue to enhance our properties’ sustainability performance on behalf of our asset owners, shareholders and tenants”, said Ken Cowan, VP Risk & National Programs at Morguard.

EA President Rob Kirkby stated, “we are extremely proud to continue our long term partnership with Morguard and to expand our work together to achieve meaningful results in reducing their operational costs while at the same time improving their environmental footprint”.

ABOUT ENERGY ADVANTAGE

Energy Advantage Inc. is a North American Leader in providing Total Energy and Sustainability Management Services to businesses and organizations in the USA and Canada, since 1996. EA’s unique position as a completely independent and unbiased advisor, along with its world class E&S experts, TEEM process and tools, identifies the top opportunities for generating the largest return based on each client’s specific building portfolio and operational needs.

ABOUT MORGUARD CORPORATION

Morguard Corporation is a major North American real estate and property management company.  It has extensive retail, office, industrial, hotel and residential holdings owned directly and through its investment in Morguard REIT and Morguard North American Residential REIT.  Morguard also provides real estate management services to institutional and other investors. Morguard’s owned and managed portfolio of assets is valued at nearly $19 billion.