Correlate Infrastructure Partners (OTCQB: CIPI), a technology-enabled energy optimization and clean energy solutions provider for all North America, today announced a nonbinding letter of intent to acquire Vermont-based Aegis Renewable Energy Inc. A member of the Amicus Solar Cooperative Network, Aegis is a leading commercial, industrial and community solar company focused on solar project development and EPC (engineering, procurement, construction) services in the eastern United States. Completion of the acquisition will provide Correlate with strategic abilities to capitalize on the burgeoning Northeast renewable energy market. Todd Michaels, Correlate’s CEO and president, said of the move: “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.”
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About Correlate Infrastructure Partners Inc.
Correlate Infrastructure Partners offers a complete suite of clean energy solutions across North America. Correlate is a portfolio-scale development and finance platform offering facilities access to clean electrification solutions focused on locally sited solar, energy storage, EV infrastructure and intelligent efficiency measures. Its unique data-driven approach is powered by proprietary analytics, management services and a highly scalable national fulfillment network to help building owners profit from fully funded, turnkey decarbonization and facility health programs. For more information, visit the company’s website at www.CorrelateInfra.com.
NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI
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