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Examples
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Like ProLogis, AMB operates funds that invest in property in partnership with big investors, and a Green Street research note said the company's debt-maturity schedule is "not materially different from the hurdles faced by Prologis."
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The loans and loan guarantee for NRG and Prologis will cover roughly half of a four-year, $2.6 billion plan to install solar panels on rooftops of ProLogis warehouses in 28 states.
Solar Projects Get Funding Before Deadline Ryan Tracy 2011
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Solar systems are installed on about 8.5 million square feet, or 1.4%, of Prologis's roughly 600 million-square-foot portfolio, generating about $1.4 million annually.
Solar Sprouts on the Roof Maura Webber Sadovi 2011
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Prologis was acquired in June by AMB Property Corp., which then took Prologis's name.
SEC Lets Some Investors Keep Quiet Scott Thurm 2011
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Prologis generates about 50 megawatts of electricity annually from its roofs, a number it expects to increase at a rate of at least 25 megawatts annually.
Solar Sprouts on the Roof Maura Webber Sadovi 2011
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Helping drag down the group were shares of Mpg Office Trust, off about 5.2% and shares of Prologis off about 3.2% on the day.
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Helping drag down the group were shares of Mpg Office Trust, off about 5.2% and shares of Prologis off about 3.2% on the day.
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"Over time, it will become more competitive and even more compelling to buy rooftop-generated solar," said Jack Rizzo , managing director of global construction for Prologis Inc., one of the world's largest industrial-space owners.
Solar Sprouts on the Roof Maura Webber Sadovi 2011
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Prologis maintained its quarterly dividend of 11.25 cents per share.
Entergy, Marathon Maintain Dividends MarketNewsVideo.com 2011
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Prologis earlier this year announced a partnership with NRG Energy Inc., a New Jersey utility, to build rooftop solar-generation projects valued at about $2.6 billion.
Solar Sprouts on the Roof Maura Webber Sadovi 2011
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