Correlate Infrastructure Partners Inc. (CIPI) Expands

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
285
Correlate Infrastructure Partners Inc. (CIPI) Expands Renewable Energy Industry Reach by Entering Northeast Market

- Correlate recently announced its letter of intent to acquire Vermont-based Aegis Renewable Energy and plans to use its deep regulatory knowledge, project fulfillment and operations and maintenance capabilities to deliver on and expand its project backlog in the region
- Correlate is at the forefront of creating industry-leading energy solutions and financing platforms for commercial and industrial sectors
- The portfolio for energy optimization is a $290 billion market, driving deep financial savings and energy efficiency across the commercial sector

Correlate Infrastructure Partners (OTCQB: CIPI), a technology-enabled energy optimization and clean energy solutions provider for all of North America, is expanding its renewable energy market reach following its recent entry into the Northeast sector. The company announced its nonbinding letter of intent to acquire Vermont-based Aegis Renewable Energy Inc. Aegis is a member of the Amicus Solar Cooperative Network, and a leading commercial, industrial and community solar company focused on project development and engineering, procurement and construction (“EPC”) services in the eastern United States.

Completing the acquisition will provide Correlate with strategic abilities to capitalize on the Northeastern renewable energy market. The company intends to use Aegis’ deep regulatory knowledge, project fulfillment and operations and maintenance capabilities to deliver on and expand its project backlog in the region.

“Upon completion of this key acquisition, Correlate will add to its highly experienced team and will bring proven success to the Northeast market as a leading renewable energy project developer while creating a compelling fit for expanding Correlate’s energy optimization platform,” CEO and President Todd Michaels stated (https://ibn.fm/2DJKW )

The company is at the forefront of creating an industry-leading energy solution and financing platform for the commercial and industrial sectors. It sees tremendous market opportunities in reducing site-specific energy consumption and deploying clean energy generation and energy efficiency solutions at scale to further its mission of advancing clean energy solutions critical in mitigating the effects of climate change.

Correlate is accomplishing this through its two subsidiaries – Correlate, founded in 2015, and Solar Site Design, founded in 2013. The company sees opportunities to remove the friction between today’s legacy finance process and the needed clean energy upgrades to drive the necessary changes for the United States to reach its carbon goals by 2050.

Commercial buildings are underperforming at every level of energy efficiency, consuming more than 35% of the generated electricity in the United States. Commercial buildings waste energy, emit too much carbon, and are costly for owners and occupants. However, retrofitting is not happening at the rate or scale necessary to meet clean energy goals.

Correlate’s transparent and leading-edge model changes value delivery for facility owners and proven solution providers seeking scale. The company believes its rapid growth is due to industry demand for actionable, cashflow positive energy programs and the underlying carbon reduction mandates taking effect globally.

Correlate comprises collective experience that spans developing and financing renewable energy projects for many reputable brands and organizations nationwide, including Safeway, Frito Lay, Habitat for Humanity, and more. Completed projects include MGM Mandalay Resort in Las Vegas, the largest rooftop solar project west of the Mississippi; Albertson’s Safeway Portfolio California, with systems supporting more than 40% of usage for each store; Arizona State University in Phoenix, supporting 71% of campus output; and NFL stadiums in California, New York, Washington, and Massachusetts, creating a beacon of sustainability for stadiums around the world.

The company is addressing a rapidly growing market encompassing over 5.9 million commercial buildings in the United States, according to the United States Energy Information Administration (https://ibn.fm/ghupu) Through its wholly owned subsidiaries, Correlate has access to an opportunity pipeline of over $100 million in commercial projects with more than $20 million in the awarded backlog. According to the Rocky Mountain Institute, the portfolio for energy optimization is a $290 billion market, driving deep financial savings and energy efficiency across the commercial sector (https://ibn.fm/MWLPj )

For company information, visit the company’s website at www.CorrelateInfra.com, including the following:

Breaking Down Barriers To Your ESG Goals While Generating Additional Net Operating Income: www.correlateinfra.com/our-process
Platform Generates New Rent And Operating Income, Allowing You To Meet Your ESG Goals: www.correlateinfra.com/program

NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at http://nnw.fm/CIPI

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer


Correlate Infrastructure Partners Inc. (CIPI) Stock Research Links

CIPI Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

NOAA Taps ICEYE US for Game-Changing SAR Satellite Data

Updated Category News Views 5

The Strategic Move to SAR Data Imagine this: You’re in the thick of a hurricane, where visibility goes out the window, and traditional satellite data chokes under the crushing weight of clouds and nightfall. That's the precise chaos ICEYE US is cutting through with its Synthetic Aperture Radar (SAR) technology. The latest scuttlebutt is that NOAA's getting cozy with...

Continue Reading
Alcott HR's Sales Strategy Gets a Boost with New Hire

Updated Category News Views 9

Alcott HR Ramps Up Sales Firepower Now here's something fresh from the world of human resources outsourcing—Alcott HR has grabbed a new ace for their sales team. Eldin Radoncic is the name you'll want to remember, folks, because he's diving headfirst into the Director of Sales seat at this IRS Certified and ESAC Accredited player based out in good old Farmingdale, New...

Continue Reading
Mutare Sharpens Security for Webex Calls with Precision

Updated Category News Views 5

Control Dialed In: Tailored Call Screening Kicking things up a notch, Mutare is redefining call security by fine-tuning their Voice Security for Webex Calling. Imagine this—custom rules now let organizations shape a security policy down to the very last detail, ensuring unwanted calls don’t slip through the cracks. Wave goodbye to the broad-strokes approach. Precision...

Continue Reading
BMAP Expands: Bridging Borders in Legal Advocacy

Updated Category News Views 3

Breaking Down BMAP's Unique Approach Just when you thought you've seen it all, along comes LMU Loyola Law School swinging the doors wide open with their Binational Migrant Advocacy Project, or as we’re affectionately calling it, BMAP. It's a mouthful, sure, but ain't it something? This project isn't just another feather in academia's cap—it's a relentless counterpunch...

Continue Reading
Avive Partners with Cambridge Fire for Lifesaving Training

Updated Category News Views 4

Tapping into the Pulse: Avive & Cambridge Fire in Action No fooling around here—Avive Solutions is linking arms with the Cambridge Fire Department to put the city on a faster track to becoming a lifesaver haven. They're rolling out a free CPR and AED training right in the Smith Campus Center, Harvard Square. It's the kind of thing you love to see—getting the community...

Continue Reading
Paula's Choice Elevates Skincare Game with New Campaign

Updated Category News Views 4

Strategy Meets Skincare: Paula's Choice in the Spotlight Catch this: Paula's Choice just dropped a moisturizer, but it ain't just lotion. No, the Pro-Collagen Peptide Plumping Intensive Moisturizer is here with a punch. And they've got Hannah Waddingham, of 'Ted Lasso' fame, fronting a campaign that screams confidence. Now, that's a way to announce your move at the...

Continue Reading
G-STAR & Wu-Tang Clan Unleash Denim Fusion

Updated Category News Views 5

Denim and Old-School Beats: A Fresh Partnership Just when you think fashion collaborations have run their course, along comes something worth the buzz. This fall, G-STAR, the edgy Dutch denim frontrunner, and the legendary hip-hop collective of Wu-Tang Clan are shaking up the apparel scene, blending raw denim with raw rap. It's a multi-year collaboration that doesn't slap...

Continue Reading
MasterBrand's 2027 Kitchen Trends: Embrace Warmth

Updated Category News Views 7

Wood Finishes and the Warm Embrace Alright folks, let's cut through the fluff and get to the heart of the matter: wood finishes are making a roaring comeback in 2027 kitchens. And it's not just some passing phase, we're talking a comprehensive shift toward warmer and more natural kitchen designs. MasterBrand, Inc. isn't just throwing darts at a board here. They surveyed a...

Continue Reading
MSP360 Unveils Free Proxmox Backup: A Game Changer?

Updated Category News Views 7

Backing Up: New Paths for Proxmox Users Ever get that feeling of uncovering something truly worth its weight in gold? That's what MSP360 just dropped on us, with their new backup solution for Proxmox that won’t cost you a dime upfront. They're calling it the Community Edition, and it’s not only free, but it comes with all the bells and whistles for protecting those...

Continue Reading
TGI Fridays Unveils New 3 For All Menu Options

Updated Category News Views 6

Hedging Bets on New Dining Strategies Oh, the restaurant battlefield—where one day you're the toast of the town, and the next, you're hustling to keep those seats filled. TGI Fridays, a name as synonymous with casual eats as long as I’ve been in this game, is rolling the dice with a new offering dubbed '3 For All.' Doesn't sound like your average meal deal either....

Continue Reading

Top 5 Most Recently Viewed Articles

ScaleReady Celebrates Seattle Children's Win with G-Rex Grant

Updated Category News Views 240

ScaleReady's G-Rex Grant Awarded to Seattle Children's Therapeutics ScaleReady, in partnership with Wilson Wolf Manufacturing and Bio-Techne Corporation, has exciting news to share. Seattle Children's Therapeutics has recently been honored with a substantial G-Rex Grant, which amounts to $125,000. This funding aims to bolster the development of their CAR-T cell platform,...

Continue Reading
Hacker Industries Marks Four Decades of Innovation in Flooring

Updated Category News Views 169

Celebrating 40 Years of Innovation Forty years ago, Wes Hacker saw a unique opportunity in the construction world. While working with lightweight concrete, he took a decisive step to innovate by creating Gypsum Concrete. Together with his wife, Kerry, he laid the groundwork for what would evolve into the largest operation of its kind in the region. In 1983, Wes launched...

Continue Reading
Understanding Ranch Insurance With Insights from Kyle Tschetter

Updated Category News Views 187

The Complexity of Ranch Insurance in Montana Insurance for farms and ranches in Montana isn't just a casual checkbox; it's a lifeline. Kyle Tschetter from the Tschetter Agency dives into this world, demonstrating the vital need for tailored insurance strategies. It's a complex dance, balancing opportunity with risk, and he’s shedding light on what that really means for...

Continue Reading
Saving for Big Goals: Travel, Property, and Lifestyle Upgrades

Updated Category Personal Finance Views 155

Everyone has big goals—whether it’s traveling the world, buying a home, or upgrading their lifestyle. The challenge is figuring out how to achieve those goals while still managing everyday expenses. It’s easy to feel like you have to choose between enjoying life now and saving for the future, but the reality is you can do both with the right strategy. Saving for big...

Continue Reading
Nikkei 225 Experiences Modest Gains on Japanese Trading Day

Updated Category News Views 128

Positive Closing for Japanese Stocks Japan's stock market ended on a positive note on a recent trading day, supported by notable gains in key sectors including Transportation Equipment, Chemical, Petroleum & Plastic, and Insurance. The Nikkei 225 index, a significant benchmark for the Japanese stock market, rose by 0.09%, reaching a new one-month low. Top Performers in...

Continue Reading