Startups
Energy Efficiency Startup Redaptive Raises $200 Million From CPPIB
- Energy-efficiency firm said to be valued at almost $1 billion
- Linse Capital, CBRE join Canadian pension plan in financing
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Redaptive Inc., a company that manages energy-efficiency upgrades for commercial buildings, raised $200 million from Canada Pension Plan Investment Board in a funding round after withdrawing its plan for a US initial public offering.
The San Francisco-based company was valued at close to $1 billion in the round, according to a person with knowledge of the matter who asked not to be identified discussing private information.