The investment, which was in the form of loan notes and a nominal equity investment resulting in a 33 pct equity interest,
Includes proprietary hardware and software enabling customers to analyse and monitor itemised, or 'behind-the-meter', energy usage data via a live cloud portal.
The investment will allow eEnergy to offer its customers validation of energy savings delivered on their energy efficiency projects, and facilitate additional efficiencies through a metering-as-a-service proposition. (Source: eEnergy Group, PR, Apr., 2021) Contact: eEnergy Group, www.eenergyplc.com
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Redaptive enables energy efficiency retrofit programs without upfront capital and guarantees results using directly measured building data. Redaptive's guaranteed energy and cost savings, risk management, and program funding have enabled over $380 million in sustainability projects and a total energy reduction of 1.1 billion kilowatt-hours -- equivalent to approximately 778,000 metric tons of CO2 or 1.8 million barrels of oil consumed.
The company's offerings include energy-efficient lighting and heating, ventilation and air conditioning (HVAC) systems, including boilers, chillers and rooftop units. With this funding, the company will be able to deploy over $1 billion in new projects, according to the release. (Source: Redaptive Inc., Website PR, 7 Oct., 2020) Contact: Redaptive Inc., Arvin Vohra, CEO, 415-413-0445, www.redaptiveinc.com
More Low-Carbon Energy News Redaptive, Energy Efficiency, Energy Efficiency-as-a-service ,
The project is Metrus' first energy efficiency-as-a-service transaction with a higher education customer and will focus on creating a more comfortable living and learning environment. The energy efficiency work includes campus lighting, comfort control upgrades, building envelope, steam traps and significant new HVAC controls, all of which will result in an approximate 14 pct reduction in total electricity consumption and a 28 pct drop in fossil fuel consumption.
Previously this year, the Association for the Advancement for Sustainability in Higher Education (AASHE) recognized Wells' sustainability work with a AASHE STARS gold rating.
(Source: Metrus Energy, PR, Wells College, Web, 18 Sept., 2018) Contact: Metrus Energy, Bob Hinkle, CEO, www.metrusenergy.com
More Low-Carbon Energy News Metrus Energy, Energy Efficiency,