Prologis Forms Global Renewable Energy Group


Prologis, a global provider of distribution facilities, has formed a global renewable energy group to procure new business, manage installations and provide development management services for renewable energy projects.

‘Even through the challenges of the global recession, we are finding more ways to create additional value from existing assets,’ says Walt Rakowich, CEO of ProLogis. ‘We are excited to announce the formation of this group, which will enable us to expand upon the proven success in wind and solar projects we already have demonstrated in five countries across Europe, Asia and North America.’

SOURCE: Prologis

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