The energy efficiency services provider has received funding in a CBRE-led round backed by corporate VC units Engie New Ventures and GXP Investments.

Real estate services provider CBRE has led a $20m funding round for US-based energy efficiency technology supplier Redaptive that included energy utilities Engie and Great Plains Energy.

CBRE, Engie and Great Plains, which invested through their Engie New Ventures and GXP Investments unit respectively, were joined by growth capital firm Linse Capital.

Founded in 2014, Redaptive offers what it calls an efficiency-as-a-service (EaaS) product centred on its metering and building intelligence platform.

The company assesses the needs of each client…