Redaptive and Verantum Join Forces to Fund Major Energy Efficiency Upgrades

Partnership for Energy Efficiency

Redaptive, renowned for its robust energy solutions, has formed a strategic alliance with Verantum, a pioneer in building intelligence and HVAC-R asset optimization. This collaboration aims to streamline the financing of energy-efficiency projects, particularly in HVAC and controls upgrades for Verantum's clientele.

Overcoming Financial Barriers

According to the U.S. Energy Information Administration, nearly half of all commercial buildings in the United States date back to before 1980. The aging infrastructure—including lighting, HVAC systems, and controls—often leads to excessive energy consumption and rising maintenance costs. Many facility operators tend to postpone upgrades on these crucial systems due to budget constraints, even when these projects are likely to generate significant long-term savings through reduced energy costs.

The partnership between Redaptive and Verantum creates an opportunity for businesses to transition from reactive maintenance practices to proactive, data-driven asset management. Through Redaptive's innovative platform, upgrades can be funded without tapping into existing capital budgets. This means that customers can prioritize essential improvements and modernize their operations without experiencing financial strain.

Leveraging Data and Insights

Ryan Adelman, Verantum’s CEO, emphasized the trust that customers place in Verantum as an unbiased advisor. The partnership enhances this by simplifying access to recommended hardware and solutions that offer the best outcomes for customers. By integrating asset intelligence produced by Verantum’s Asset Analytics with Redaptive's flexible financing solutions, organizations can tackle vital HVAC and control upgrades at scale without being hindered by capital budgeting cycles.

In a world where energy efficiency is paramount, Redaptive's focus lies on reducing energy consumption for large commercial and industrial organizations. John Rhow, Executive Chairman of Redaptive, articulates the company's commitment to modernizing infrastructure in a way that ensures businesses can thrive sustainably. With the synergy between Verantum’s asset data and Redaptive's financing model, customers can now align their budgets with their performance goals effectively.

A Bright Future Ahead

The collaboration is set to redefine how businesses approach energy efficiency upgrades, enabling them to act decisively rather than delaying necessary infrastructure improvements. By uniting asset intelligence, capital planning, and financing flexibility, Redaptive and Verantum offer a comprehensive solution that facilitates a seamless transition from identifying upgrade opportunities to actually funding and implementing essential energy-efficient enhancements.

As organizations increasingly seek ways to enhance operational efficiency and sustainability, this partnership represents a significant advancement in the realm of energy solutions, driving companies closer to achieving their energy efficiency targets while maintaining financial health.

For further information on how this partnership can help your organization, visit Redaptive and Verantum.

About Redaptive

Founded in 2013 and headquartered in Denver, Redaptive serves as a comprehensive energy solutions provider, assisting enterprises in modernizing their infrastructure, enhancing operational efficiency, and strengthening resilience—all without requiring upfront capital expenditures. Each upgrade is methodically executed to ensure tangible results across multiple sites in a matter of months rather than years.

About Verantum

Verantum specializes in optimizing performance across energy-intensive assets within complex commercial portfolios. By streamlining various systems into a cohesive operational framework, Verantum ensures that issues are rapidly identified and addressed to maintain peak performance over time. Trusted by organizations overseeing a vast network of buildings worldwide, Verantum is dedicated to minimizing operational risks and extending asset lifecycles.