- Correlate Infrastructure Partners is a provider of data analysis and scalable services to help commercial and industrial real estate owners meet carbon reduction goals while also improving their net operating income
- Carbon reduction is a significant part of the multi-national response to climate change concerns, and Correlate Infrastructure Partners is taking a site-specific approach to furthering goals established worldwide in 2015
- The company has been known as Triccar, but its stockholders approved changing the company name and ticker symbol in February, with final approval from the SEC expected within the coming days
- The company’s efforts to redefine itself reflect its recent acquisition of Correlate Inc. and Loyal Enterprises LLC (dba Solar Site Design) — subsidiaries that together help provide clients with green energy consumption solutions
Worldwide governments and many industry leaders are racing to reduce a steady increase in global temperatures, referred to as climate change, amid concerns about the change’s effect on life and the standards of living humanity expects for itself. But “despite growing pledges of climate action, global emissions are at an all-time high,” according to a statement by United Nations Secretary-General António Guterres on March 31 (https://ibn.fm/WFd8n).
“To avert a climate catastrophe, we need bold pledges but matched by concrete, measurable action,” Guterres added.
In 2015, 196 members of the international community reached agreement on climate change, setting goals to keep global temperatures from rising 1.5 degrees Celsius above pre-industrial levels – a level regarded as critical by many in answer to the life quality concerns.
The UN’s Statistics Division has reported that in order to meet the goals, global carbon dioxide emissions need to be reduced by 45 per cent by 2030 from 2010 levels, and reach net-zero emissions by 2050 (https://ibn.fm/4XOm7).
Green facilities electrification solutions provider Correlate Infrastructure Partners (OTCQB: CIPI) is dedicated to helping commercial and industrial real estate owners meet carbon reduction goals in such a way that they are simultaneously able to improve net operating income at significant levels.
Correlate Infrastructure Partners believes there is a large market opportunity in reducing site-specific energy consumption and deploying clean energy generation and energy efficiency solutions at scale. The company is at a key inflection point of its growth, having completed acquisition of 100 percent of the equity of Correlate Inc. and Loyal Enterprises LLC (dba Solar Site Design) shortly before the start of the year.
In February, the company’s stockholders approved renaming the business to Correlate Infrastructure Partners and abandoning its earlier identity, Triccar. The company filed the information with the U.S. Securities and Exchange Commission (SEC), seeking a new ticker symbol as well. The company also expects to file its annual report on Form 10-K within the very near future (https://ibn.fm/0UnrG).
Through its subsidiaries, Correlate Infrastructure Partners uses data in proprietary analytics, concierge subscription services and a highly scalable national fulfillment network to help building owners profit from fully funded, turnkey decarbonization and facility health programs without upfront capital, while also connecting the commercial solar industry with the tools it needs to acquire project opportunities and prospective clients with the expertise they need to design and finance their projects according to their needs.
The smart use of building utilities is a key way to reduce wasteful behaviors that lead to unnecessary energy consumption. After comparing utilities and facility data with energy use goals, Correlate Infrastructure Partners helps to identify areas of opportunity for reducing consumption through its analytics expertise and, ultimately, how to maintain the improvements it delivers.
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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