Fiera Real Estate increases GRESB score and gains access to utility data through Redaptive ONE
- Industry: Technology & Services
- Solution Types: Data Analytics
For any large manufacturer, the competition for internal capital is always present. Berry Global needed funding without adding to debt and an installation partner who could execute safely in highly complex operating facilities. They also needed to scale this solution across almost their entire portfolio to avoid consuming excess energy because the lighting was not LED.
Redaptive provided the funding, project management, and measurement and verification, to rapidly deploy LED retrofits across Berry Global portfolio maximizing the EBITDA impact and GHG emissions avoided. In all, Redaptive’s scalable solution addressed over 30,000 fixtures for Berry global spanning across 6.4M sq/ft.
The Redaptive program resulted in a significant reduction in lighting energy and maintenance costs. The reduced electricity consumption will avoid 184,000 metric tons of CO2 emissions over the service term, the equivalent to removing 426,000 barrels of oil avoided or the emissions from 22,000 homes.