Swiss Re opened its brand-new solar power plant on the grounds of its Americas Headquarters in Armonk, N.Y. on June 15. In a ceremony held at the 10-acre installation, Eric Smith, president and CEO of Swiss Re Americas, joined by former President Bill Clinton, flipped the switch on the two-megawatt facility, the largest such installation in Westchester County and among the largest in New York state.
The installation is made up of more than 7,700 individual solar panels and will produce, on average, 60% of the daily power required by the 700 employees that work at the Swiss Re campus in Armonk. The $7 million facility is expected to generate energy cost savings that will pay back the installation's cost within seven years.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Denny Jacob
Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].
