On October 22, 2024, Redaptive, a leading Energy-as-a-Service (EaaS) provider, announced it has secured an additional $100 million equity investment from the Canada Pension Plan Investment Board (CPP Investments). This strategic capital infusion will support Redaptive to accelerate its growth in projects and enhance its service offering to better serve its rapidly growing customer base and ecosystem of energy performance developers and contractors in their growing demand for decarbonization and drive significant progress toward their net-zero goals. Wilson Sonsini Goodrich & Rosati advised Redaptive on the transaction.
Redaptive partners with major corporations to support their net zero goals through fully-funded, end-to-end energy-saving and renewable upgrades. The company's proprietary technology solutions are utilized at over 40 Fortune 500 companies.
The Wilson Sonsini team that advised Redaptive on the transaction includes Bob O’Connor, Melissa Rick, Jocqui Kaup, Viet Nguyen, Michelle Mealer, Kimberley Biagioli, and Jill Fulwiler.
For more information, please see Redaptive’s press release.