Correlate Infrastructure Partners (OTCQB: CIPI) is a leading technology-enabled vertically integrated sales, development and fulfillment platform focused on distributed clean and resilient energy solutions. The company today announced that it has secured $11.9 million for its EnerSys solar project in Reading, Pennsylvania, with Green Bridge Energy, a leading technology enabled investment platform focused on clean energy projects in the commercial and industrial market segment of the U.S. Originally announced as a 3.8 MW project, the EnerSys Headquarters project was expanded to 5.2 MW and is slated to begin installation in the third quarter of 2023. Once commissioned, the project will be one of the largest corporate solar installations in the Commonwealth of Pennsylvania. “Efficient financing is critical to scale distributed energy profitably while offering customers a compelling economic value proposition,” said Channing Chen, CFO of Correlate. “Our partnership with Green Bridge on the EnerSys project brings together two highly experienced teams to provide the most efficient and optimal clean energy financing solution to a global leader in stored energy.”
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About Correlate Infrastructure Partners Inc.
Correlate Infrastructure Partners, together with its subsidiaries, is a technology-enabled vertically integrated sales, development and fulfillment platform focused on distributed clean and resilient energy solutions across North America. The company’s integrated solutions include solar, cogeneration, energy storage, electric vehicle infrastructure and intelligent efficiency retrofits for community-scale applications. 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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