Climate & Nature

Redaptive secures $125 million Deutsche Bank financing for energy efficiency

ESG Broadcast Desk· 26 Aug 2023· 1 min read

Energy-as-a-Service firm Redaptive secured $125 million from Deutsche Bank to expand metering, HVAC, solar, LED and EV efficiency projects. Funded energy-efficiency-as-a-service models could support Indian corporates pursuing net-zero and building-efficiency goals.

Redaptive, Inc., an Energy-as-a-Service leader, secured $125 million from Deutsche Bank's US Private Credit & Infrastructure group to expand projects involving metering, HVAC, solar, LED lighting, electric vehicles, and other efficiency and sustainability solutions. The warehouse facility will securitise Redaptive's customer contracts, enabling competitive pricing. Redaptive aids corporations in reaching net-zero objectives through fully-funded energy-saving and renewable upgrades, using its Redaptive ONE metering platform to monitor building performance, water, gas, and energy consumption for ESG reporting.

The development affects major corporations pursuing net-zero goals, building-portfolio owners, and energy-efficiency service providers. Deutsche Bank AG, New York Branch serves as facility agent, while Deutsche Bank Trust & Agency ABS and Document Custody Services acts as account bank and verification agent for the $125 million committed warehouse facility. According to the World Green Building Council, nearly 30% of global carbon emissions originate from energy used for heating and powering buildings, making efficiency and metering solutions a path to energy and financial savings.

Indian corporates and building owners should monitor Energy-as-a-Service and metering models as fully-funded routes to building-efficiency and net-zero goals, particularly given that buildings generate nearly 30% of global carbon emissions. Affected entities should assess EaaS financing structures that avoid upfront capital while delivering metered savings and ESG-reporting data. Companies should evaluate how such solutions support compliance with evolving energy-efficiency regulations and provide auditable consumption data across building portfolios.

Key figure — Financing: $125 million; buildings account for nearly 30% of global carbon emissions

This content is AI-assisted and reviewed by the ESG Broadcast editorial team. It is for informational purposes only and is not investment or ESG-rating advice. See our Technology & Transparency policy.

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Redaptive secures $125 million Deutsche Bank financing for energy efficiency | ESG Broadcast