Leading real estate investor uses metering across 182 properties to unlock tenant energy partnerships

A leading global private equity real estate firm needed utility data for a large portfolio of triple-net-lease (NNN) properties to meet investor demand for sustainability reporting and support its GRESB participation. Because tenants controlled utility accounts across the portfolio, the firm lacked a systematic way to capture energy data, leaving its sustainability team reliant on fragmented, manual processes to gather utility information for each property. Without reliable, portfolio-level energy visibility, the firm couldn’t produce the credible GRESB reports its investors expected.

As a GRESB Real Estate Partner, Redaptive understood the reporting frameworks driving the initiative. Redaptive began with a pilot program, designing a metering scheme for each site and coordinating delivery with tenants, property managers, and installers across the NNN properties. Redaptive managed each deployment from site assessment through commissioning and data validation, ensuring accurate, continuous measurement of electricity, water, and natural gas. Beyond reporting, the Redaptive ONE platform delivers real-time energy data that reveals system-level consumption patterns, peak usage, and load characteristics—insights that can be shared directly with tenants.

After the pilot validated the approach, the program scaled to 182 sites and 147 meters, giving the firm a streamlined path to complete its GRESB assessment. The firm delivered the sustainability reporting its investors expected and shared real-time consumption insights with tenants, building credibility to engage them directly on energy improvement projects. Property management teams now proactively reach out to the firm and Redaptive for energy projects at their properties, and the firm is developing a cost-pass-through model that creates a win-win for owners and tenants alike. What started as a reporting gap has become a platform for collaborative energy projects across the portfolio.