CB Richard Ellis Group, Inc. (NYSE:CBG) today announced a significant expansion of its solar energy services capabilities and an enhanced commitment to sustainable property ownership through the launch of CBRE Solar.
CBRE Solar will provide services to the Company's clients, initially in the United States and Canada. Its service offering encompasses a broad range of solar energy solutions for clients, including solar power purchase agreements, roof leases, advisory services, project development services, project management services and solar project investment opportunities.

"As the world's largest commercial real estate services firm, we will play a leading role in the solar distributed generation market. CBRE Solar puts us in an ideal position to assist our corporate services and asset services clients in understanding and navigating the complexities of the solar market to efficiently maximize their real estate and achieve their sustainability and energy-cost reduction goals," said Mike Lafitte, president of the Americas for CB Richard Ellis.

"Given the unparalleled breadth and depth of our relationships, we are in a unique position to aggregate solar projects and achieve economies of scale in equipment, installation and financing costs for the benefit of our clients," said Dave Pogue, national director of sustainability at CB Richard Ellis...

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