- 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…
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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