Latest news with #EaaS
Cision Canada
8 hours ago
- Automotive
- Cision Canada
East St. Louis School District 189 Marks Next Phase in Electric School Bus Project
EAST ST. LOUIS, Ill., June 11, 2025 /CNW/ -- East St. Louis School District 189 will host a community event on Thursday, June 12 to celebrate continued progress in its electric school bus initiative. The event will highlight the construction of a new depot that will support 25 electric school buses and chargers. The district was awarded funding through the U.S. Environmental Protection Agency's Clean School Bus Program as part of a competitive, multi-district application. The project includes the deployment of 25 Thomas Built electric school buses and 25 Heliox chargers, with operations scheduled to begin in the 2025–2026 school year. "We are proud to roll out 25 new electric school buses for regular routes this coming school year—an investment in both the health of our students and our community," said Arthur R. Culver, Superintendent of East St. Louis School District 189. "Our students deserve clean, safe, and modern transportation. These electric buses reduce harmful air pollution, reflect our commitment to safety, and help ensure that every child arrives at school ready to learn and thrive." Culver added, "This is an exciting step forward for student wellness and a cleaner, healthier future for East St. Louis." The project is being delivered in close partnership with North American Central School Bus (NACSB), one of the largest student transportation providers in North America and Highland Electric Fleets, a leading provider of Electrification-as-a-Service (EaaS) for school bus fleets across North America. NAC will operate and maintain the buses, while Highland is managing the charging infrastructure and long-term electrification support. Work is underway at the NAC depot in Caseyville, which will serve as the operational hub for the new fleet. Ameren Illinois, the project's utility partner, is assisting the infrastructure development with make-ready funding through its Electric Vehicle Charging Program. "Partnering with the East St. Louis School District and Highland to deliver clean, innovative transportation is a powerful step toward empowering tomorrow's leaders. This electric fleet represents our commitment to student safety, community health, and a brighter future," said NAC CEO Jason Walker "We're proud to support the district and NAC as we move into the next phase of the project and prepare for deployment across the community," said Duncan McIntyre, Founder and CEO of Highland Electric Fleets. The new electric fleet will add to the district's existing 80-bus operation and will serve students across seven schools. As part of the event, attendees will be invited to take a ride on an electric school bus and preview what students will experience when the buses hit the road next year. The event is scheduled for 10:00 a.m. CT on June 12 at the Illinois Central School Bus Garage, 8203 Bunkum Rd, Caseyville, IL 62232. About East St. Louis School District East St. Louis School District 189 is focused on providing rigorous, high quality education and exceptional educational experiences to the nearly 5,000 students within the community. Our vision is for students to be supported physically, socially, and emotionally in a safe and nurturing environment to achieve academic success that prepares them for college, the workforce, and citizenship in the 21st century. For more information, visit Follow more great stories @estl189 on Facebook and Twitter. About North American Central School Bus (NACSB) NACSB's mission is to "empower tomorrow's leaders and provide them with access to world changing opportunities." They strive to foster a culture of safety, innovation, excellence, and engagement in all operations. About Highland Electric Fleets Highland Electric Fleets is North America's leading provider of electrification-as-a-service. Founded in 2019, Highland makes it simple and affordable to transition fleets of all sizes to electric, from school buses to public safety, municipal and commercial vehicles. Learn more at Media Contacts East St. Louis School District 189 Sydney Stigge-Kaufman [email protected] Highland Electric Fleets Chris Orlando [email protected]
Cision Canada
21-05-2025
- Business
- Cision Canada
Diverso Energy and Mattamy Homes Announce Joint Venture to Advance Sustainable Homebuilding across Canada
Through this newly formed partnership, Diverso will be the exclusive provider of geothermal services to select Mattamy residential developments across Canada, spanning a range of single-family homes, townhouses, and multi-family mid-rise and high-rise developments. The partnership makes possible lower-emission communities without compromising affordability, homeowner experience or aesthetic design. Leveraging Diverso's turnkey EaaS geothermal model, select Mattamy homes will now feature fully electrified, emissions-free heating and cooling, with unique benefits such as whisper-quiet operation and greater outdoor deck space thanks to more compact HVAC systems. "Each of us brought half the solution," said Tim Weber, CEO, Diverso Energy. "It took trust and shared vision to bring the partnership together, which will greatly accelerate the adoption of geothermal technology in residential developments across Canada." The announcement builds on Mattamy's efforts to reduce carbon across its communities. Mattamy has committed to achieving a 10% greenhouse gas reduction in its FY2025 sold homes as compared to code-built homes—representing a 31 percent reduction from a typical resale home built in 2005/2006. "We've taken what was once a niche, custom energy solution and integrated it into our mainstream production model over the past several years," said Brad Carr, CEO of Mattamy Homes Canada. "It's evolved into a scalable offering, and our joint venture with Diverso enables us to use the proven, reliable technology to deliver numerous operational benefits to thousands of Canadian homeowners at no additional cost to them." Both companies intend their partnership to serve as a benchmark for the broader development community, offering a real-world case study in how to meet the demands of increasingly strict building codes—without sacrificing the bottom line. About Diverso Diverso Energy Inc. offers a unique geoexchange utility model for low-rise, multi-family, office, and institutional buildings. Diverso designs, builds, owns, and operates geoexchange utility systems allowing clients to leverage the significant benefits of geoexchange without the financial or operating risks associated with the technology. To date, Diverso has helped hundreds of clients, including some of Canada's leading real estate developer partners, benefit from Diverso's unique and proven combination of financial and technical solutions, accelerating the transition from fossil fuels to electric buildings. About Mattamy Homes Mattamy Homes is one of the largest privately owned homebuilders in North America, with more than 45 years of history across the United States and Canada. Every year, Mattamy helps more than 8,000 families realize their dream of homeownership. In Canada, its communities stretch across the Greater Toronto Area, Ottawa, Calgary and Edmonton. In the United States, the company is represented in 11 markets – Dallas, Charlotte, Raleigh, Phoenix, Tucson, Jacksonville, Orlando (where its US head office is located), Tampa, Sarasota, Naples and Southeast Florida. For more information, please visit
Yahoo
10-05-2025
- Business
- Yahoo
Redaptive secures $650m credit facility to expand EaaS platform
Redaptive, an energy-as-a-service (EaaS) provider, has secured a $650m credit facility from global investment group CDPQ, and Nuveen, an asset manager, to upscale its EaaS platform. The company works for energy efficiency, sustainability innovation and scalable energy solutions through its EaaS solution and the Redaptive ONE data platform. With this latest backing, Redaptive is well-positioned to quicken the deployment of its EaaS platform into new markets and solution categories. The platform merges flexible financing structures, AI-powered insights and proprietary metering technology to transform energy and infrastructure into efficient and high-performing strategic assets. The funding will enable the company to cater to growing customer demand and deliver tangible business value through enhanced energy efficiency, renewable generation and data-driven building performance. The credit facility will also support Redaptive in investing further in physical asset infrastructure across extensive enterprise portfolios. Redaptive plans to utilise this capital to continue aiding enterprise customers with data-driven efficiency and energy generation programmes including HVAC, LED lighting, solar, storage, metering solutions and other enhancements that can be implemented across large-scale, multi-site portfolios. Redaptive CFO Matt Gembrin said: 'This new credit facility is a vote of confidence in both our team and our mission. 'Enterprises are under increasing pressure to modernise their infrastructure while staying financially agile. Our model continues to prove that you don't have to choose between operational efficiency, capital discipline and sustainability – you can achieve all three.' The additional financing will allow Redaptive to broaden its reach, escalate project deployments and further refine its solutions in the US, Canada and select European markets. The funding will also enable customers to lower operational costs, improve resilience and achieve long-term business growth and sustainability objectives without the need for upfront capital or additional operational complexity. Redaptive CEO Arvin Vohra said: 'CDPQ and Nuveen are both valued partners in our journey, and we are grateful for their trust in Redaptive's vision. 'This additional support from both global investors allows us to scale our impact, bring our programmatic solutions to more customers and accelerate the transition to a more sustainable future.' "Redaptive secures $650m credit facility to expand EaaS platform" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Cision Canada
08-05-2025
- Business
- Cision Canada
Redaptive Secures $650M Credit Facility from CDPQ and Nuveen to Expand Energy-as-a-Service (EaaS) Platform Français
The strategic backing of CDPQ and Nuveen positions Redaptive to rapidly expand its footprint and leverage its EaaS platform as a growth engine. DENVER, May 8, 2025 /CNW/ -- Redaptive, a leading Energy-as-a-Service (EaaS) provider, today announced the successful closing of a $650 million (CAD 903 million) credit facility from CDPQ, a global investment group, and Nuveen, the investment manager of TIAA. This facility strengthens Redaptive's ability to scale its innovative platform, meet accelerating customer demand, and deliver measurable business value through energy efficiency, renewable generation, and data-driven building performance. Redaptive can now expand its investment in physical asset infrastructure across large enterprise portfolios, enabling customers to reduce operating costs, enhance resilience, and meet long-term business growth and sustainability goals — all without the end users' upfront capital or added operational complexity. Redaptive's platform combines flexible finance structures, AI-powered insights, and proprietary metering technology to turn energy and infrastructure into a strategic engine of efficiency and performance. "This new credit facility is a vote of confidence in both our team and our mission," said Matt Gembrin, CFO of Redaptive. "Enterprises are under increasing pressure to modernize their infrastructure while staying financially agile. Our model continues to prove that you don't have to choose between operational efficiency, capital discipline, and sustainability — you can achieve all three." $650M Credit Facility from CDPQ and Nuveen to Accelerate Energy Optimization Initiatives Redaptive will leverage this capital to continue its support of enterprise customers with data-driven efficiency and energy generation programs, including HVAC, LED lighting, solar, storage and metering solutions, and other upgrades that can be deployed at large-scale multi-site portfolios. This additional financing will enable Redaptive to expand its reach, increase project deployments, and further develop its solutions across the U.S., Canada, and certain European jurisdictions. "Redaptive is a leader in helping their clients adopt energy and power solutions that reduce energy costs and consumption, while changing how industries approach sustainability," said Don Dimitrievich, Head of Nuveen's Energy Infrastructure Credit business. "Our investment reflects our confidence in Redaptive's ability to scale their business, while reducing carbon emissions globally." A Strategic Leap Toward Sustainability, Resilience, and Results That Scale The new facility from CDPQ and Nuveen underscores Redaptive's ability to drive meaningful progress toward decarbonization while enabling customers to build more resilient and efficient operations. Redaptive continues to set benchmarks in energy efficiency, sustainability innovation, and scalable energy solutions for their customers through their Energy-as-a-Service solution and the Redaptive ONE data platform. With this latest support, Redaptive is poised to accelerate the deployment of its platform across new markets and solution categories, continuing to build momentum as the trusted infrastructure partner for enterprises navigating the energy transition. "CDPQ and Nuveen are both valued partners in our journey, and we are grateful for their trust in Redaptive's vision," said Arvin Vohra, CEO of Redaptive. "This additional support from both global investors allows us to scale our impact, bring our programmatic solutions to more customers, and accelerate the transition to a more sustainable future." Recently, Redaptive's Energy-as-a-Service offering was recognized as a "Top Product of the Year" in the prestigious E+E Leader Product & Project Awards. Judges recognized Redaptive as an outstanding example of innovation in the sustainability and infrastructure sector. To learn more, please visit About Redaptive Redaptive is a leading Energy-as-a-Service provider enabling Fortune 500 commercial and industrial enterprises to turn real asset infrastructure into a strategic engine for growth and efficiency—bringing together capital, intelligence, and performance. Founded in 2015 and headquartered in Denver, Colorado, Redaptive funds and deploys energy-saving and energy-generating systems across large, distributed real estate portfolios. Its programs help enterprises reduce energy waste, lower carbon emissions, and optimize operating costs—supporting broader business objectives such as operational resilience, financial performance, and long-term sustainability. Through flexible financing structures, asset performance optimization, and AI-driven intelligence, Redaptive empowers organizations to scale energy-efficient solutions faster and smarter. For more information, visit About Nuveen Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.3 trillion in assets under management as of 31 Dec 2024 and operations in over 32 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit Media Contact Jimmy Rogers Redaptive 425-463-9479 [email protected]
Globe and Mail
19-03-2025
- Business
- Globe and Mail
Scope Technologies Signs Master Reseller Agreement with Coegi Cloud AB to Expand Quantum Security Solutions Across IT and Cloud Markets
VANCOUVER, BC , March 19, 2025 /CNW/ -- Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope Technologies" or the "Company") is pleased to announce the signing of a master reseller agreement with Coegi Cloud AB, a leading provider of IT infrastructure, cloud solutions, and security services. This collaboration will enhance the global reach and adoption of Scope's flagship quantum security solutions, including QSE Group's quantum-resistant encryption, decentralized data storage, Entropy-as-a-Service (EaaS), and Quantum Preparedness Assessments (QPA) across diverse markets. Founded in 2004, Coegi Cloud AB has grown to deliver comprehensive IT services, including cloud solutions, infrastructure support, network services, IT consulting, and security solutions. As a recognized Microsoft Solution Partner, Coegi leverages advanced Microsoft technologies to enhance its service offerings, ensuring clients receive secure and efficient IT environments. With a robust operational team specializing in sales, technology, and client support, Coegi is uniquely positioned to drive substantial growth for QSE Group within Sweden and across the broader European region as well as North America . James Young , CEO of Scope Technologies , stated: "Working with Coegi marks an important step in our global expansion strategy. Their deep expertise in IT infrastructure and their established client network will provide a strong platform to introduce QSE's cutting-edge quantum security solutions to a broader audience. This partnership aligns with our vision to empower organizations worldwide with secure, scalable technologies that protect their data now and into the future." Joachim Hylvander, CEO of Coegi Cloud AB commented: "We are excited to offer QSE's quantum security solutions to our client base. As demand continues to grow for data security solutions that are resilient against quantum threats, this partnership enables us to meet those needs and deliver quantum resistant security to organizations throughout the region." Through this engagement, Coegi Cloud AB will promote and sell QSE's full suite of quantum security offerings, including decentralized cloud storage and Entropy-as-a-Service, ensuring businesses and institutions can safeguard their critical data assets against current and future cyber threats. For more information on how QSE's quantum security solutions can protect your data, visit or contact sales@ About Coegi Cloud AB Coegi Cloud AB is a trusted IT partner for businesses, delivering specialized services across cloud computing, IT infrastructure, and security solutions. Since its founding in 2004, Coegi has achieved significant growth by providing tailored IT strategies and comprehensive support to organizations across various sectors. As a recognized Microsoft Solution Partner, Coegi integrates advanced Microsoft technologies to ensure secure, scalable, and efficient IT environments. For more information on Coegi Cloud AB, visit or contact CEO, Joachim Hylvander at About Scope Technologies Corp Headquartered in Vancouver, British Columbia , Scope Technologies Corp is a pioneering technology company specializing in quantum security and machine learning. Through its flagship brands, QSE Group and GEM AI, Scope provides next-generation solutions in data security, quantum encryption, and neural networks, empowering businesses with secure, scalable technologies that drive growth and operational efficiency. LinkedIn: scope-technologies-corp Facebook: Scope Technologies Corp Twitter: @ScopeTechCorp Contact Information: James Young CEO, Scope Technologies Corp. Email: james@ Phone: +1 604-416-1720 Website: Cautionary Note Regarding Forward-Looking Statements This news release contains forward-looking statements that constitute forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding beliefs, plans, expectations, future, strategy, objectives, goals and targets, and more specifically, the use of proceeds of the Offering. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "aim", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks and are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, including, but not limited to, those risks and assumptions described in the Company's latest management discussion and analysis, a copy of which is available under the Company's profile on SEDAR at While Scope considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions, continued satisfaction of Canadian Securities Exchange requirements, product safety and recalls, regulatory compliance and risks associated with the Company's business. Forward-looking statements are made as of the date of this news release and, unless required by applicable law, the Company assumes no obligation to update the forward looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement.
