Press Releases

Energy-as-a-Service Leader, Redaptive, Awarded Prestigious Recognition by Environment+Energy Leader for Redaptive ONE Metering Program with WPT Capital Advisors

First posted on Cision PR Newswire

DENVER, April 22, 2024 /PRNewswire/ — Redaptive, renowned for its Energy-as-a-Service and data solutions, and WPT Capital Advisors, a major real estate development and investment management firm, are proud to announce that the Redaptive ONE solution implemented for WPT Capital Advisors has been distinguished with a coveted Top Project of the Year Award for Software Implementation in the 2024 Environment+Energy (E+E) Leader Awards.

Award-Winning Innovation

The Redaptive ONE solution implemented for WPT Capital Advisors has been distinguished with a coveted Top Project of the Year Award for Software Implementation in the 2024 Environment+Energy (E+E) Leader Awards.

The Redaptive ONE solution implemented for WPT Capital Advisors has been distinguished with a coveted Top Project of the Year Award for Software Implementation in the 2024 Environment+Energy (E+E) Leader Awards.

 

The Redaptive ONE solution stands out for its exceptional contribution to data accuracy and collection in the commercial and industrial real estate sector—setting a benchmark for innovation and sustainability in the Software Implementation category of the E+E Leader Awards. This recognition underscores Redaptive’s commitment to pushing the boundaries of environmental and energy management.

“We’re honored to receive this award from E+E Leader for our innovative work with WPT Capital Advisors,” said Redaptive CEO Arvin Vohra. “When we first officially launched Redaptive ONE last year, we knew it would have a major impact on the market, but we couldn’t be happier to already see such strong recognition for the solution. Congratulations to the entire Redaptive team and our partners at WPT Capital Advisors for this award.”

For WPT Capital Advisors, this implementation has allowed for the seamless integration of its energy, water, and gas data, simplifying emissions reporting, ensuring GRESB compliance, and streamlining the collection of utility data from tenants.

“WPT Capital Advisors has been in partnership with Redaptive for the past two years, creating an industry-leading utility monitoring program that is currently capturing 100 percent of the WPT portfolio gas, water and electrical consumption data for all of WPT’s stabilized buildings across the country,” said Spencer Gerberding, partner at WPT Capital Advisors.

“This level of data collection has been instrumental in WPT’s reporting framework with Energy Star Portfolio Manager and GRESB and has allowed WPT to establish key performance metrics to pursue energy efficiency investments across the portfolio,” Gerberding said. “The innovative technology solutions from Redaptive, coupled with the Redaptive ONE reporting tool, have allowed WPT to accelerate their decarbonization plans and significantly improve its reporting framework with the ability to scale this solution for anticipated portfolio growth.”

A Testament to Excellence

The distinction of Redaptive ONE and the benefits achieved by WPT Capital Advisors as recognized by Environment+Energy Leader signifies a remarkable achievement in the field. Jessica Hunt, co-president of E+E Leader, expresses her admiration for this year’s winners: “The introduction of six distinct categories in this year’s awards program not only celebrates the breadth of innovation within the industry but also highlights the specific areas where companies are truly making an impact. A win is a testament to these companies’ outstanding efforts and leadership in driving forward the sustainability agenda.”

Learn more about WPT Capital Advisors and the company’s work with Redaptive via their joint case study here:
https://redaptive.com/story/wpt-capital-advisors  

Additionally, you can learn more about the Redaptive ONE solution, WPT Capital Advisors, and the other winners in the E+E Leaders e-book for the 2024 Awards program: https://www.environmentenergyleader.com/resource_hub/2024-ee-leader-awards-product-project-winners/?show=no

About Redaptive
Redaptive is a leading Energy-as-a-Service provider that funds and installs energy-saving and energy-generating equipment. Redaptive’s programs help many of the world’s most sophisticated organizations reduce energy waste, optimize costs, lower carbon emissions, and meet sustainability goals across their entire real estate portfolios. With Redaptive, customers can overcome capital and resource barriers to achieve energy-saving benefits, all with continuous data powered by Redaptive’s proprietary metering technology. Redaptive was founded in 2015 and is headquartered in Denver, Colorado. For more information, visit redaptive.com.

About WPT Capital Advisors
WPT Capital Advisors (WPT) is a real estate development and investment management firm focused on the US industrial warehouse and distribution sector. WPT operates a fully integrated management platform with a long history in all facets of logistics real estate, investing across diverse strategies through both public and private investment vehicles. Headquartered in Minneapolis, Minnesota, with investment offices in California and Tennessee, WPT currently manages more than $3 billion of assets on behalf of various global investment partners. For more information, visit: wptcapital.com.

About the Environment+Energy Leader Awards
For well over a decade now, the Environment+Energy Leader Awards program has celebrated the exceptional advancements made in the realms of environmental responsibility, sustainability, and energy management. The awards recognize those who innovate in the industry, setting a high standard for others to follow. Winners of the awards are seen as Leaders in environmental initiatives and energy management, with their achievements serving as benchmarks for excellence across the globe.

Back to Newsroom

Achieve bottom line benefits

See how we can help your organization achieve energy savings and sustainability goals with performance-driven upgrades.

Why Achieve benefits ?

Energy as a service (EaaS) firms are revolutionizing the way businesses manage and consume energy. These innovative companies provide comprehensive energy solutions that go beyond traditional energy procurement and management. By offering a suite of services, including energy efficiency upgrades, renewable energy integration, and demand response programs, EaaS firms help businesses optimize their energy usage, reduce costs, and minimize their environmental footprint.

Partners ?

One of the key advantages of partnering with an EaaS firm is the flexibility it offers. Instead of investing in expensive infrastructure upgrades or navigating complex energy markets on their own, businesses can rely on EaaS providers to handle all aspects of their energy needs. This allows companies to focus on their core operations while benefiting from the expertise and resources of the EaaS firm. Moreover, EaaS firms often utilize advanced technology and data analytics to optimize energy usage in real-time. By monitoring energy consumption patterns and identifying areas for improvement, these companies can help businesses achieve significant energy savings without sacrificing performance or comfort. In addition to cost savings, EaaS solutions also contribute to sustainability and environmental stewardship. By implementing energy-efficient technologies and transitioning to renewable energy sources, businesses can reduce their carbon footprint and support the transition to a clean energy future. Furthermore, EaaS firms offer scalability, making them suitable for businesses of all sizes and industries. Whether it's a small retail store looking to reduce its energy bills or a large manufacturing facility aiming to improve its sustainability practices, EaaS solutions can be tailored to meet specific needs and goals. Overall, energy as a service firms are driving innovation and transformation in the energy sector, empowering businesses to become more efficient, resilient, and sustainable in the face of evolving energy challenges. With their comprehensive services and commitment to excellence, EaaS firms are poised to shape the future of energy management and pave the way for a cleaner, more sustainable world.

Contact Us