Existing investors CBRE, Engie New Ventures and Evergy Ventures returned for a round that will help the energy efficiency retrofitter expand its product offering.

US-based energy efficiency technology provider Redaptive raised approximately $157m in funding from investors including real estate services group CBRE and energy utilities Engie and Evergy yesterday.

Investment management firm CarVal Investors led the round, which was also backed by growth equity firm Linse Capital, while Engie and Evergy took part through Engie New Ventures and Evergy Ventures respectively.

Redaptive provides and installs materials and technology that enable large buildings to make significant energy savings at a large scale, and also…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.