October 22, 2024 Redaptive, a leading energy-as-a-service (EaaS) provider, announced that it has secured an additional $100 million equity investment from Canada Pension Plan Investment Board (CPP Investments) . This strategic capital injection will enable Redaptive to accelerate project growth and better serve its rapidly growing customer base and ecosystem of energy performance developers and contractors with increasing demands for decarbonization. We will help strengthen service delivery to drive significant progress towards net zero targets. . Wilson Sonsini Goodrich & Rosati advised Redaptive on the transaction.
Redaptive partners with leading companies to support net-zero goals through fully funded end-to-end energy savings and renewable upgrades. The company’s unique technology solutions are used by more than 40 Fortune 500 companies.
The Wilson Sonsini team that advised Redaptive on this transaction includes Bob O’Connor, Melissa Rick, Jockey Kaup, Viet Nguyen, Michelle Mealer, Kimberly Biagioli and Jill Fullwiler.
For more information, please see Redaptive’s press release.