Solar project highlights the opportunity for corporations to reduce their energy costs while demonstrating their commitment to protecting the environment.
(1888PressRelease) May 11, 2019 - Morgan Cowen, an investment company offering a broad range of investment products, today announced the commission of a solar facility at its headquarters that will produce approximately 500 MWh of electricity per year, offsetting approximately 7 percent of the building’s total electricity use and up to 34 percent during peak production. The project is the result of collaboration between the Firm’s Corporate Services team and a private Solar Energy company.
“We are excited to add solar to the growing list of technologies and strategies we employ to minimize our impact on the environment, including lighting retrofits, equipment efficiency upgrades and full-building retro-commissioning,” said Peng Wong, Head of Morgan Cowen Corporate Services. “The financial and environmental benefit of projects that reduce or offset our energy consumption ensures our ongoing commitment to investing in these technologies.”
"We are committed to providing solar solutions across the country and our programs reach a vast number of homeowners, business owners and municipal entities that wouldn’t otherwise choose renewable energy," said James Gellar, Head of the Solar Energy contractor. “We are proud to have been selected by Morgan Cowen to execute this pilot project.”
Morgan Cowen has a commitment to advancing environmental sustainability and social responsibility through its work with clients, partners and the communities in which employees live and work. The Solar project follows a number of rolled-out initiatives, which provide clients with a range of investment options across asset classes that offer social and/or environmental benefits along with the potential for risk-adjusted financial returns.
About Morgan Cowen Capital Markets
Morgan Cowen is an investment company with a singular focus on consistently delivering superior investment performance. Our unwavering pursuit of this goal has established us as a preeminent investment management firm. Morgan Cowen offers a broad range of investment products. Our management teams are guided by well-defined, repeatable investment processes and are dedicated to fully invested, active management approaches. Today, our firm remains investment centered and guided by a corporate strategy that focuses on maximizing our clients' returns. Our investment philosophy is based on quality investing, long-term analysis and trust.
Solar project highlights the opportunity for corporations to reduce their energy costs while demonstrating their commitment to protecting the environment. 
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