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Bridgewater Corporate Center earns ENERGY STAR certification, outperforming similar U.S. buildings on measure of energy efficiency
Rhea-AI Impact
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Rhea-AI Sentiment
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Rhea-AI Summary
Bridgewater Bank, a prominent Twin Cities bank and subsidiary of Bridgewater Bancshares (Nasdaq: BWB), recently announced that its Bridgewater Corporate Center in St. Louis Park, MN, has achieved the U.S. EPA's ENERGY STAR certification for superior energy performance. This certification signifies that the building ranks among the top 25 percent of energy-efficient buildings nationwide based on verified energy performance. President and CEO Jerry Baack emphasized the bank's commitment to sustainability and ESG priorities through this achievement. As of December 31, 2022, Bridgewater Bank reported assets exceeding $4.3 billion and continues to grow within the Minnesota banking landscape.
Positive
Achieved ENERGY STAR certification for Bridgewater Corporate Center, indicating top 25% energy efficiency in the U.S.
Demonstrates commitment to corporate sustainability and ESG priorities.
Continuous growth noted with assets over $4.3 billion as of December 31, 2022.
Negative
None.
ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--
Bridgewater Bank, a leading Twin Cities bank focused on meeting the unique needs of successful individuals and entrepreneurs and a subsidiary of Bridgewater Bancshares, Inc. (Nasdaq: BWB), is pleased to announce that Bridgewater Corporate Center in St. Louis Park, MN has earned the U.S. Environmental Protection Agency’s (EPA) ENERGY STAR® certification for superior energy performance.
Bridgewater Corporate Center (Photo: Business Wire)
ENERGY STAR certified buildings are verified to perform in the top 25 percent of buildings nationwide, based on weather-normalized source energy use criteria that considers occupancy, hours of operation and other key metrics. ENERGY STAR is the only energy efficiency certification in the United States that is based on actual, verified energy performance.
“As a growing Twin Cities bank dedicated to fulfilling our corporate responsibility, we intentionally designed our corporate center to be efficient and sustainable as we do our part to be good environmental stewards in the Twin Cities,” said President and CEO Jerry Baack. “Receiving the ENERGY STAR certification of our corporate headquarters is another example of how Bridgewater is making progress on our broader Environmental, Social and Governance (ESG) priorities.”
About Bridgewater Bank
Recognized as a premier, full-service Twin Cities bank, Bridgewater Bank is dedicated to serving the diverse needs of commercial real estate investors, entrepreneurs and successful individuals. By pairing a range of deposit, lending and business services solutions with a responsive service model, Bridgewater has seen continuous growth and profitability. With assets totaling over $4.3 billion and seven branches as of December 31, 2022, Bridgewater is considered one of the largest locally led banks in the State of Minnesota, and it has received numerous awards for its growth, banking services and esteemed corporate culture.
Investor Contact:
Justin Horstman | Director of Investor Relations
justin.horstman@bwbmn.com | 952.542.5169
Source: Bridgewater Bank
FAQ
What is the recent achievement of Bridgewater Bank concerning energy efficiency?
Bridgewater Bank recently earned the U.S. EPA's ENERGY STAR certification for its Bridgewater Corporate Center, recognizing it among the top 25% of energy-efficient buildings in the country.
When did Bridgewater Bank announce its ENERGY STAR certification?
Bridgewater Bank announced its ENERGY STAR certification on February 7, 2023.
How does Bridgewater Bank rank in terms of assets?
As of December 31, 2022, Bridgewater Bank has assets exceeding $4.3 billion, positioning it as one of the largest locally led banks in Minnesota.
What is the significance of ENERGY STAR certification for Bridgewater Bank?
The ENERGY STAR certification signifies Bridgewater Bank's commitment to energy efficiency and sustainability, aligning with its broader Environmental, Social, and Governance (ESG) priorities.
What is the stock symbol for Bridgewater Bancshares?
The stock symbol for Bridgewater Bancshares is BWB, listed on Nasdaq.
