- Correlate focuses on enabling building owners to reduce their facilities’ energy use or install clean energy solutions such as solar energy
- The company designs, engineers, finances, and builds such solutions and other upgrades, enabling owners, who may include real estate investment trusts (“REITs”), to meet their Environmental, Social, and Governance (“ESG”) targets
- Investors are increasingly conscious about whether companies espouse ESG values, and Correlate is helping REITs fulfill such requirements
- Recently, Correlate announced it has entered a contract for a major rooftop solar energy project in New Jersey
Correlate Infrastructure Partners (OTCQB: CIPI) is a portfolio-scale real estate platform focused on eliminating barriers for large-scale property owners looking to optimize their buildings’ energy footprint and meet their sustainability goals. The company recognizes that while owners understand that they can reduce energy use by installing better technologies or meet their sustainability objectives by generating clean energy onsite, they face a decision-making dilemma. Usually, property owners find it difficult to establish the right approach.
The company has therefore modeled its operations around this problem. First, correlate uses technology to assess buildings to identify solutions that can be deployed therein. Next, it provides the capital…
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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