Business and Finance Business and Finance
Tue, November 9, 2010

Prudential installs solar panels on its Scottsdale building, covered parking and charging stations for electric cars


Published on 2010-11-09 10:05:56 - Market Wire
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--([ BUSINESS WIRE ])--Prudential Financial, Inc.

WHAT:

Prudential Financial, Inc., (NYSE: PRU) today announces that it has installed solar panels on its office building in Scottsdale, Arizona, constructed a covered parking lot, and added charging stations to encourage the use of electric cars when they become widely available.

WHO:

Guest Speakers

Commissioner Gary Pierce, Arizona Corporation Commission

Rex Stepp, renewable energy project manager, Arizona Public Service

Prudential Speakers

James Mallozzi, chairman and CEO, Prudential Real Estate and Relocation

Michael Perrette, vice president, Corporate Facilities, Prudential

WHEN:

Tuesday, November 9, 10 a.m.

WHERE:

16260 N. 71st Street
Scottsdale, AZ 85254

BACKGROUND:

The solar project in Scottsdale is the largest solar photovoltaic system on a commercial office building in Arizona. It involved installing 4,508 panels that generate approximately 30 percent of the buildinga™s power use, with a peak output of 885 kilowatt hours.

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $750 billion of assets under management as of September 30, 2010, has operations in the United States, Asia, Europe, and Latin America. Prudentiala™s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. In the U.S., Prudentiala™s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit [ http://www.news.prudential.com/ ]

Contributing Sources