Redaptive
Canvas Category Software : Operational Technology : Energy
Redaptive is an Energy-as-a-Service provider that funds and installs energy-saving and energy-generating equipment. Our programs help many of the world’s most sophisticated organizations reduce energy waste, save money, lower carbon emissions, and meet sustainability goals across their entire real estate portfolios. With Redaptive, customers can quickly overcome capital and contractual barriers to achieve energy-saving benefits, all with real-time data powered by Redaptive’s proprietary Data Solutions metering platform.
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Redaptive Secures $100 Million to Accelerate Global Decarbonization Initiatives
Redaptive, a leading Energy-as-a-Service (EaaS) provider, announced it has secured an additional $100 million equity investment from the Canada Pension Plan Investment Board (CPP Investments). This strategic capital infusion will support Redaptive to accelerate its growth in projects and enhance its service offering to better serve its rapidly growing customer base and ecosystem of energy performance developers and contractors in their growing demand for decarbonization and drive significant progress toward their net-zero goals.
Redaptive empowers organizations to accelerate their sustainability, energy efficiency, and carbon reduction goals with ease and at scale. Specializing in large Commercial & Industrial companies, Redaptive offers a comprehensive solution that manages every aspect of long-term energy efficiency programs, from diagnostics and project development to funding, procurement, project management, and monitoring. These programs, typically spanning 5 to 15 years, are delivered at no upfront cost to customers through a shared savings model, where Redaptive shares in the savings achieved from reduced energy consumption. Additionally, Redaptive’s proprietary metering technology provides customers with real-time, asset-level energy data, helping them gain deeper insights and control over their energy use.
Redaptive Secures $125M Financing from Deutsche Bank to Deploy Energy-As-A-Service Solutions for Sustainability Programs
Redaptive, Inc., the Energy-as-a-Service (EaaS) leader, has announced it secured $125 million in financing from Deutsche Bank’s US Private Credit & Infrastructure group to help accelerate metering, HVAC, solar, LED, EV, and other efficiency and sustainability solutions. The warehouse facility provided by Deutsche Bank will securitize Redaptive’s diverse portfolio of customer contracts allowing Redaptive to provide customers with the most competitive pricing for EaaS and data offerings.
Redaptive helps major corporations achieve net zero goals through fully-funded end-to-end energy-saving and renewable upgrades with their EaaS offering. The company also tracks and analyzes building performance and consumption of water, gas, and energy for ESG reporting for customer building portfolios via their metering platform - Redaptive ONE.
Redaptive Closes Next Phase of Series E Funding Round with Further Investment from Linse Capital
Redaptive, a leading provider of Energy-as-a-Service solutions, today announced an additional investment in its series E funding round from long-term investor Linse Capital. This funding represents another significant step towards expanding Redaptive’s offerings and supporting more customers.
This latest investment follows recent contributions to the round made by Canada Pension Plan Investment Board (CPP Investments), Honeywell, CBRE, and others - bringing the total amount raised for this round to approximately $250 million. With this, Redaptive will continue to support enterprise customers with data-driven energy generation and efficiency programs including HVAC, LED lighting, solar, EV, as well as Data Solutions, and other utility upgrades that can be deployed at large sites or across distributed real estate portfolios.