Latest news with #RedaptiveONE
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]
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
