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Redaptive Scores $100M

2024-10-22
DENVER, CO, Redaptive announced it has secured an additional $100 million equity investment from the Canada Pension Plan Investment Board (CPP Investments).
Redaptive, a leading Energy-as-a-Service (EaaS) provider, today 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 is a leading Energy-as-a-Service provider that funds and installs energy-saving and energy-generating equipment. Redaptive's programs help many of the world's most sophisticated organizations, across their entire real estate portfolios, meet their goals of reducing energy waste, optimizing their internal costs, lowering their carbon emissions calculations, and meeting their sustainability objectives. With Redaptive, customers can overcome capital and resource barriers to achieve energy-saving benefits quickly, all with continuous data powered by Redaptive's proprietary metering technology.
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