Redaptive, a Denver, CO-based energy-as-a-service (EaaS) company, secured $125 million in financing.
Deutsche Bank’s US Private Credit & Infrastructure provided the warehouse facility.
The company intends to use the funds to securitize its diverse portfolio of customer contracts to provide customers with the most competitive pricing for EaaS and data offerings.
Founded in 2015, Redaptive is an energy-as-a-service provider that funds and installs energy-saving and energy-generating equipment, including metering, HVAC, solar, LED, EV, and other efficiency and sustainability solutions. 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. Its programs enable organizations to reduce energy waste, optimize cost, lower carbon emissions, and meet their sustainability goals across their entire real estate portfolios. With it, customers can overcome capital and resource barriers to achieve energy-saving benefits quickly, all with continuous data empowered by Redaptive’s proprietary metering technology.
FinSMEs
27/08/2023