Fiera Real Estate increases GRESB score and gains access to utility data through Redaptive ONE
- Industry: Technology & Services
- Solution Types: Data Analytics
Saint-Gobain needed a holistic, turnkey solution to assist in lowering its energy usage and reducing its utility costs. Saint- Gobain was looking for a partner to manage the design, procurement, installation, and utility rebate for a LED retrofit program. Prior to engaging with Redaptive, many of Saint- Gobain’s retrofit proposals could not get approval internally as it did not meet the internal capital budgeting payback threshold.
Redaptive’s injection of capital and turnkey solution unlocked immediate savings and reduced energy consumption for Saint-Gobain. Redaptive was able to upgrade 22,000 lighting fixtures across 28 sites spanning 7.1M sq/ft.
The Redaptive program resulted in a significant reduction in lighting costs. The reduced electricity consumption will avoid 69,000 metric tons of CO2 emissions over the service term, the equivalent to removing 161,000 barrels of oil avoided or the emissions from 8,300 homes.