Fiera Real Estate increases GRESB score and gains access to utility data through Redaptive ONE
- Industry: Technology & Services
- Solution Types: Data Analytics
Iron Mountain has large-scale green energy goals and was looking to significantly reduce its electricity consumption. Iron Mountain planned to replace its old, inefficient fluorescent lighting fixtures across its portfolio. With competing resources for internal capital, it was challenging for Iron Mountain to prioritize a lighting initiative.
Over a 2-year span, Redaptive’s project management team successfully implemented the LED retrofit program for Iron Mountain without impacting its complex, fully-operating facilities. Redaptive’s wave deployment approach maximized speed to savings while abiding by the specific needs of each unique location resulting in 10-Year Gross Savings of $78M at no cost to Iron Mountain.
The Redaptive program resulted in a significant reduction in lighting costs. The reduced electricity consumption will avoid 177,970 metric tons of CO2 emissions over the next 10 years, the equivalent to removing 413,880 barrels of oil avoided or the emissions from 34,630 homes.