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Brookfield contracts with Genergy. (Technology Update).

New York firm Genergy, Inc. has contracted with Brookfield Financial Properties, a subsidiary of Brookfield Properties Corp., Lower Manhattan's largest landlord, to perform power grid identification and load management profile services--with profile updates available online on a per minute basis--for its key metropolitan facilities over the course of a five-year contract.

These two services are components of the unique Internet-based system known as gEnergyOne[TM], developed exclusively by Genergy and implemented in several of the city's top facilities.

Among the Brookfield-owned sites recently fitted with this proprietary energy management and analysis system are 245 Park Ave., One World Financial Center and One Liberty Plaza.

The gEnergyOne[TM] system provides real time statistics and projections of energy usage, and is instantly accessible from both building managers' and tenants' desktop computers.

"The benefits of installing gEnergyOne[TM] are many," says Davide Gristina, CEO of Genergy. "Among the most meaningful we've found is that by equipping building personnel and tenants with the ability to track usage and efficiency, customers are enabled to develop more effective long-term energy management strategies. That is not only beneficial for the bottom line, but for the building's overall environmental impact on the City as well."

Another advantage of the installation arises if one of the outfitted buildings is asked by the NYISO (the state organization governing New York's bulk electricity system) to make cutbacks in usage, as gEnergyOne[TM] helps isolate where and how those cutbacks can be made most effectively.

Since its inception in the mid-1980's as a niche engineering consulting firm, Genergy has evolved into a full-service energy management and information services company offering property owners/managers, manufacturers, utilities, universities and hospitals comprehensive service packages critical to the profitable and efficient management of energy operations. In addition to Brookfield Financial Properties, prominent clients include Fordham University, Atco Properties, Trizec Office Properties, Vornado Realty Trust, Reckson Associates, Children's Hospital of Boston, Mack-Cali and Jones Lang LaSalle.
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Publication:Real Estate Weekly
Geographic Code:1CANA
Date:Jul 30, 2003
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