- Correlate Infrastructure Partners recently completed a name and ticker rebranding effort on the OTCQB exchange as part of its effort to clarify its identity and success with portfolio clean energy solutions in North America
- Correlate Infrastructure Partners provides turnkey development and finance services to help commercial and industrial facilities reduce their use of fossil utilities thus reducing their carbon footprint
- The company recently acquired Correlate Inc. a national leader in locally sited solar, energy storage, EV infrastructure and intelligent efficiency measures
- Worldwide, countries are working to implement strategies for climate harm reduction following a 2015 Paris agreement supervised by the United Nations and reducing building greenhouse gas emissions has the potential to make a huge dent in their goals
During the seven years since 196 nation participants in the United Nations’ Climate Change Conference of the Parties (“COP”) reached an agreement setting goals to limit the rise in global temperatures, implementation of national plans has proceeded at a slow pace. Last year, U.N. Climate Change Executive Secretary Patricia Espinosa offered a sobering assessment of the continuing impact of climate change and the need for action worldwide (https://ibn.fm/XtYSW).
The COP’s participants agreed that they will report transparently on actions related to climate change mitigation and measures to adapt to the changes beginning in 2024 to help assess the nations’ collective progress toward long-term goals (https://ibn.fm/b6zo6). In the meantime, a number of countries are reporting a new sense of urgency now to secure energy sourcing in the wake of Russia’s war against Ukraine and the international sanctions resulting from it, which is generating further interest in green utilities (https://ibn.fm/V1yuB).
Correlate Infrastructure Partners (OTCQB: CIPI) is a clean utilities solution provider using data analysis and services to help commercial and industrial facilities access clean electrification through locally sited solar, energy storage, EV infrastructure and intelligent efficiency measures in response to the global climate concerns.
The company recently completed the transition of abandoning its former name, Triccar, Inc., and former ticker symbol, TCCR, on the OTCQB exchange for an identity it believes better reflects its mission, after the U.S. Securities and Exchange Commission (“SEC”) approved the CIPI ticker and name Correlate Infrastructure Partners Inc.
“Since the merger of Correlate, Inc. in December 2021, the company has aggressively moved to rebrand and initiate an investor relations awareness campaign,” CEO Todd Michaels stated (https://ibn.fm/POyYD). “We are excited about the potential for future growth of the company in this market given that only 3 percent of the buildings in the United States have been optimized for efficiency, sustainability, renewable energy and electric vehicle support.”
The company’s focus on existing commercial real estate energy infrastructure and alternatives for carbon reduction reflects statistics showing energy used in homes and other buildings contributes up to 40 percent of U.S. energy-related greenhouse gas emissions. While the United States and Canada have seen a 700 percent increase in net-zero energy and ultra-low energy commercial buildings during the past decade, many construction and development professionals are still struggling through a “net-zero learning curve,” according to a Utah Clean Energy statement last year (https://ibn.fm/9yw8W).
The UN’s Statistics Division reports that global carbon dioxide emissions need to be reduced by 45 per cent by 2030 from 2010 levels and reach net-zero emissions by 2050 if the agreement reached seven years ago in Paris is to be fulfilled (https://ibn.fm/qpzDI).
Correlate Infrastructure Partners believes that clients who make use of the company’s proprietary solutions for portfolio-scale development and financing will be able to make significant improvements to their net operating income as well, providing further incentive for change. Adoption of such building improvements represents the potential for the next boom market.
The company expects to file its annual financial report on Form 10-K within the near future, following analysis of revenue data related to its acquisition of the Correlate subsidiary (https://ibn.fm/zUk3c).
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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