Redaptive
Assembly Line
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.