NetworkNewsBreaks – Correlate Infrastructure Par

NetworkNewsBreaks – Correlate Infrastructure Partners Inc. (CIPI) Committed to Facilitating Improvements in Greenhouse Gas Reduction

Correlate Infrastructure Partners (OTCQB: CIPI) is a tech-enabled development, finance and fulfillment platform for distributed energy solutions across North America. “Correlate is committed to facilitating improvements in greenhouse gas reduction through efforts by its subsidiaries to advise the commercial real estate industry (companies that develop and rent out commercial building properties) on opportunities to change their carbon pollutant output and help them implement those changes with available financing solutions. The Inflation Reduction Act (‘IRA’) recently passed by the Biden administration is credited for opening up financing for a large number of pollution-reducing, climate-positive efforts through energy-related tax credits,” a recent article reads. “Subsidies for energy efficiency retrofits and renewable energy installations are expected to be particularly useful for tax-exempt public and non-profit entities as well as real estate investment trusts (‘REITs’) because those entities have thus far been unable to find financial incentive to improve their ESG profiles because they don’t have taxable income for decarbonization tax credits to offset.”

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