Correlate Energy Corp.
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- Correlate Energy Corp. Correlate Energy Corp. (OTCQB: CIPI) operates as a technology-enabled vertically integrated sales, development, and fulfillment platform that provides distributed clean and resilient energy solutions across North America. The company offers a comprehensive suite of proprietary clean energy assessment and fulfillment solutions for the commercial real estate industry, including portfolio-scale energy optimization platforms that analyze utility and facility data to identify cash flow positive opportunities in solar energy, energy storage, microgrids, and efficiency upgrades; energy solution and financing platforms for commercial and industrial sectors; engineering, procurement, and construction services; and consulting for solar projects, all delivered through subsidiaries Correlate and Solar Site Design, a U.S. Department of Energy Sunshot Catalyst winner providing customer acquisition and project development tools via a commercial solar marketplace. Correlate Energy Corp. serves commercial retail, office, industrial, hotel, and residential facilities with over 1 million square feet or annual energy spend exceeding $500,000, targeting property owners, real estate investment trusts, and organizations pursuing sustainability and net operating income improvements without upfront capital via managed bids, contractor oversight, ongoing utility bill verification, and quarterly energy planning. Headquartered at 176 South Capitol Boulevard, 2nd Floor, Boise, Idaho, United States, the company employs approximately 19 people under CEO Flaviu Forgaciu and was formerly known as Correlate Infrastructure Partners Inc., changing its name to Correlate Energy Corp. in August 2023 to reflect its sharpened focus on energy solutions. Recent developments include enhancing its mergers and acquisitions strategy in August 2023 through the appointment of Eli Albrecht, an M&A expert in renewables, to the board of directors to drive consolidation in the fragmented clean energy sector and accelerate growth via acquisitions of established renewable firms; entering a landmark partnership in June 2024 for an estimated $400 million microgrid project positioned as the nation's first of its scale; and pursuing NYSE uplisting from OTCQB as disclosed in its April 2024 S-1/A filing for 1.17 million units at $6.00 each to fund expansion in decentralized energy production, microgrid ownership for recurring revenue, and development for industrial, commercial, and residential clients.
Correlate Energy Converts Nearly $8 Million of Debt into Preferred Equity, Strengthening Financial Position and Converting Most of Its Debt into Equity
Correlate Energy Enters Landmark Partnership for an Estimated $400M Project to Launch Nation's First Microgrid Utility
Correlate Energy Partners with Energetic Capital To Unlock a Large Untapped Market
Sun Seems to Be Shining on Solar as Costs Continue to Decline - Wins for Correlate Energy in 2023, and Its Plans for 2024
The Microgrid Market Is Expected to Grow 19% Annually Until 2027 - How Correlate Energy Is Helping Corporate Adoption and Success In The Field
One Of Illinois's Largest Rooftop Solar Power Facilities Operational Thanks To Correlate Energy
Correlate and Carbonsight Partner, Unleashing Data-Driven Decarbonization and Sustainable Energy Solutions
Correlate Energy Corp. Appoints Johan Themaat as CFO and Welcomes Two Additional Independent Board Members
Correlate Energy Corp. Breaks Ground on Its Largest Corporate Campus Project to Date in Reading, Pennsylvania
Correlate Energy showcases solar project in North Carolina
Correlate Energy Corp. Successfully Completes Solar Project at American Tire Distributors Headquarters, Showcasing the Economic Benefits of Clean Energy
Energizing Enterprise? Correlate Energy's Trailblazing Path In Renewable Energy
Correlate Energy Successfully Commissions One of Illinois' Latest Rooftop Solar Facilities for Continental Envelope's Manufacturing Plant
This Sustainable Energy Company Just Landed A Deal To Build 40 Megawatts Of Solar Powered Microgrids For One of California's Largest Privately Owned Oil And Gas Company
U.S. IPO Weekly Recap: Big Launches And New Filings Keep The IPO Market Moving
Correlate Energy Announces Major Microgrid Deal with Leading Oil and Gas Company in California
Correlate Energy Welcomes Johan Themaat as Vice President of Finance
Correlate Energy Corp Enhances M&A Strategy with Appointment of Eli Albrecht to Board of Directors
Correlate Energy Corp. Announces Strong Second Quarter Results as Momentum Accelerates