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CBRE Invests In Energy Services Startup Redaptive

Los Angeles-based real estate services and investment firm CBRE Group has made a strategic investment in San Francisco-based energy services startup Redaptive, CBRE announced this morning. Redaptive provides integrated energy efficiency solutions and energy financing for building owners and occupiers. According to CBRE, Redaptive offers a "new and compelling service" for CBRE clients, and will help its clients reduce their costs and improve their sustainability. As part of the investment, Matt Werner, Global President, Facilities Management at CBRE, will join Redaptive's board of directors. Redaptive both finances and manages building efficiency projects, providing "turnkey" efficiency services. More information »