Honeywell invests in Energy-as-a-Service provider Redaptive

Honeywell announced a strategic investment in Redaptive, which will accelerate a collaboration to bring Energy-as-a-Service capabilities to private sector-owned commercial and industrial buildings. This investment helps enable the deployment of technologies designed to reduce carbon emissions across a portfolio of buildings. Terms of the investment were not disclosed. This collaboration aims to create the opportunity for customers to generate energy savings in a capital efficient manner.