Latest news with #Redaptive
National Post
29-05-2025
- Business
- National Post
Vantage Data Centers Names Ophir Rahmani Chief Operating Officer, North America
Article content DENVER — Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced the appointment of Ophir Rahmani as chief operating officer for North America. In his new role, Rahmani will spearhead operations, leading the teams responsible for delivering technical solutions, reliability and customer experience across the company's rapidly expanding fleet of cloud and AI data centers in the United States and Canada. Based at the company's headquarters in Denver, Rahmani will report to Dana Adams, president of North America, and will oversee data center operations, customer experience, design & engineering, solutions engineering and critical projects. Article content 'Ophir is an accomplished executive with extensive experience leading large-scale, mission-critical operations and service delivery teams,' said Adams. 'With his track record and dedication to team and culture, Ophir will build upon Vantage's 15-year history as the industry leader in solutions and service as we continue to scale our business and deliver for existing and new customers.' Article content Prior to joining Vantage, Rahmani served as chief operating officer at Redaptive where he led the metamorphosis of the company's operations organization resulting in a 66 percent increase in revenue and a 71 percent reduction in delivery cycle time. Earlier in his career, Rahmani spent two decades at Lumen Technologies, and its predecessors CenturyLink and Level 3 Communications, culminating in his position as senior vice president of global enterprise service delivery. In this capacity, he led a team of more than 4,000 employees and managed a $350 million operating budget, delivering major integration and digital transformation initiatives. Article content 'I'm honored to join Vantage at such an exciting time of innovation and growth,' said Rahmani. 'The company's customer-first and people-centric culture and commitment to excellence across every aspect of operations deeply resonate with me. I look forward to leading and collaborating with our teams to deliver best-in-class solutions and services while supporting the continued growth of our North America platform.' Article content Vantage Data Centers powers, cools, protects and connects the technology of the world's well-known hyperscalers, cloud providers and large enterprises. Developing and operating across five continents in North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands. Article content Article content Article content Article content Contacts Article content Press Contacts Mark Freeman Vantage Data Centers mfreeman@ +1-202-680-4243 Article content Article content Article content
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]
Associated Press
08-05-2025
- Business
- Associated Press
Redaptive Secures $650M Credit Facility from CDPQ and Nuveen to Expand Energy-as-a-Service (EaaS) Platform
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] View original content to download multimedia: SOURCE Redaptive
Yahoo
01-04-2025
- Business
- Yahoo
Energy-as-a-Service Leader, Redaptive, Earns Top Product of the Year Award from Environment+Energy Leader
DENVER, April 1, 2025 /PRNewswire/ -- Today, Redaptive, a leader in energy efficiency retrofits for building portfolios and energy-saving and generating solutions, announced that its core Energy-as-a-Service offering has been 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. "We're very honored to be recognized again this year by E+E Leader, this time for our Energy-as-a-Service solution," said Redaptive CEO, Arvin Vohra. "Our offering pioneered the current suite of Energy-as-a-Service solutions in the space, and we're very proud of our company's impact in bringing energy and cost-saving solutions to our customers." To date, Redaptive has saved their customers over $400M in energy costs and 2.3M metric tons of CO2 emissions, which is equivalent to the emissions generated by 6 natural gas-fired power plants in one year or the greenhouse gases avoided by the installation of nearly 700 wind turbines in one year. Redaptive's customers include some of the biggest in the Fortune 500 and key players in the industrial, manufacturing, healthcare and REIT sectors, including T-Mobile, McKesson, WPT Capital Advisors, Iron Mountain, Saint-Gobain, Cintas, Avantor, Whirlpool, Aramark, Novolex, Berry Global, Swedish Medical, Fiera Real Estate and more. "Redaptive's Energy-as-a-Service solution presents a compelling and innovative approach to driving energy efficiency improvements at scale," said E+E Leader Judges. "The combination of performance-based financing, which removes upfront cost barriers for clients, and the Redaptive ONE data platform, which provides real-time insights and streamlined reporting, creates a powerful value proposition." The E+E Leader Product & Project Awards is an annual program recognizing excellence in products and services that provide companies with energy and environmental benefits, or in projects implemented by companies that improved environmental or energy management outcomes and increased the bottom line. Awards were scored by a panel of independent judges from more than 20 companies including Hyundai Motor Group, JLL, Air Force OEA, Navitas Partners, UCLA, TRC Companies, IWSI America, Intrinsic Textiles, Climate Social and CapGemini. With the sustainability and energy landscape evolving rapidly, professionals face increasing challenges in selecting the right solutions. The E+E Leader Product & Project Awards serve as a trusted benchmark, highlighting cutting-edge innovations and real-world success stories. Through rigorous expert evaluation, the program provides companies with vetted products and proven projects that drive meaningful improvements in sustainability and energy management. "The winners of this year's E+E Leader Awards are tackling some of the most pressing sustainability and energy challenges with real-world, scalable solutions," says Sarah Roberts, Co-President of E+E Leader and C-Suite Compass LLC. "These projects and products push industry standards forward and are setting new benchmarks for innovation and impact." "Every year, our judges look to recognize the businesses that are truly moving the needle and striving for sustainability and operational efficiency," says Kay Harrison, VP and head of the E+E Leader Awards program. "This year's winners exemplify the kind of forward-thinking strategies and technologies that companies need to stay ahead in an increasingly complex energy and environmental landscape." About Redaptive 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 reduce energy waste, optimize costs, lower carbon emissions, and meet sustainability goals across their entire real estate portfolios. With Redaptive, customers can overcome capital and resource barriers to achieve energy-saving benefits, all with continuous data powered by Redaptive's proprietary metering technology. Redaptive was founded in 2015 and is headquartered in Denver, Colorado. For more information, visit About Environment+Energy LeaderSince 2006, Environment+Energy Leader's website and newsletters have provided the definitive and objective voice in reporting on business-related energy, environmental, and sustainability issues. Visit: About the E+E Leader Product & Project Awards For over a decade, the E+E Leader Product & Project Awards have recognized excellence in products, services, and corporate initiatives that drive energy and environmental improvements. Entries are evaluated using a rigorous five-point rating system by an independent panel of executive-level judges from leading organizations across various industries. To see this year's winners and learn more about our judges, visit Media ContactBAM by BIG redaptive@ View original content to download multimedia: SOURCE Redaptive
