
Redaptive
Develops a program and identifies sites for energy saving across real estate portfolios.
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* | $650m | Debt | |
Total Funding | 000k |
Redaptive is an Energy as a Service (EaaS) provider that specializes in funding and installing energy-saving and energy-generating equipment for large organizations. Operating primarily in the commercial real estate market, Redaptive helps clients reduce energy waste, save money, lower carbon emissions, and meet sustainability goals. The company serves sophisticated organizations with extensive real estate portfolios, enabling them to overcome capital and contractual barriers to achieve energy-saving benefits quickly. Redaptive's business model revolves around financing the upfront costs of energy audits, materials, labor, and installation, allowing clients to pay back through the savings generated from reduced energy consumption. The company leverages a proprietary Data as a Service (DaaS) metering platform to provide real-time access to electricity, gas, and water usage data, facilitating sustainability reporting and performance analysis. This data-driven approach ensures clients can monitor and optimize their energy usage effectively. Redaptive generates revenue through long-term contracts with clients, where the savings on energy costs are shared between the company and the client. The company is rapidly growing and is backed by strong financial support, aiming to transform the way buildings consume resources for the benefit of people, the planet, and the bottom line.
Keywords: Energy as a Service, sustainability, energy savings, real-time data, commercial real estate, carbon emissions, energy audits, DaaS, cost reduction, financing.