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Correlate Infrastructure Partners Inc - CIPI STOCK NEWS

Welcome to our dedicated page for Correlate Infrastructure Partners news (Ticker: CIPI), a resource for investors and traders seeking the latest updates and insights on Correlate Infrastructure Partners stock.

Correlate Infrastructure Partners Inc (OTCQB: CIPI) drives innovation in decentralized renewable energy through solar projects, microgrid deployments, and strategic acquisitions. This news hub provides investors and industry stakeholders with timely updates on the company's progress in transforming energy infrastructure across commercial and industrial markets.

Access official press releases detailing CIPI's project milestones, financial performance, and partnership announcements. Our curated collection includes updates on solar installations, energy financing models, and expansion into underserved communities. Track developments tied to federal incentives like the Inflation Reduction Act that support the company's growth strategy.

Discover updates categorized for quick navigation: project launches (commercial solar farms, community microgrids), financial disclosures (earnings reports, capital raises), and strategic moves (acquisitions, executive appointments). Each entry provides direct access to primary sources while maintaining compliance with financial reporting standards.

Bookmark this page to monitor CIPI's execution of its three-pillar strategy: developing localized energy solutions, retaining cash-flow-generating assets, and expanding through targeted mergers. Stay informed about how the company addresses energy cost reduction and sustainability goals for multi-location enterprises.

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Correlate Energy Corp. (CIPI) successfully commissions one of Illinois' largest rooftop solar power facilities at Continental Envelope's manufacturing plant in Geneva, Illinois. The 908-kW solar project will supply 20%-25% of the facility's energy requirements, offsetting approximately 18,849 tons of carbon dioxide over the next 20 years. This achievement demonstrates Correlate's commitment to environmental sustainability and supporting businesses prioritizing green initiatives.
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Correlate Energy Corp (OTCQB:CIPI) has secured a major microgrid deal with a privately owned oil and gas corporation in California. The project involves the development of 40 megawatts of solar power and storage capacity across twenty sites in the Los Angeles metro area. Microgrids provide cheaper, cleaner, and more reliable energy, with the ability to switch between supporting the main grid and providing electricity directly to customers. The deal marks a significant milestone for Correlate and its entry into the microgrid market.
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Harbinger Research, an independent equity research firm, has published a research report on Correlate Energy Corp. The report includes a valuation analysis, financial forecast, and future value estimate of the company and its shares. Correlate Energy is a growth-oriented clean distributed energy company focused on providing solar power generation, energy storage, and charging solutions for EVs. The company plans to offer these solutions to commercial, industrial, and residential customers nationwide. The report highlights the company's focus on organic growth and targeted acquisitions, as well as its strong revenue growth and potential future success.
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Correlate Energy Corp. announces a significant microgrid project for a large oil and gas corporation in California, with a projected cost of over $23 million. The project will provide cheaper, fixed-priced power and help the client meet emission requirements. Correlate Energy's entry into the oil and gas sector doubles their largest contract size. They will host an investor summit webcast on Oct 5th to discuss their growth strategy.
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Correlate Energy Corp. appoints Johan Themaat as VP of Finance, bringing wealth of experience in finance and energy industry. Themaat has led teams through acquisitions, capital raises, and project development ranging from $1M to over $250M. His expertise aligns with Correlate's commitment to sustainable energy solutions. Themaat's appointment strengthens Correlate's financial strategies and innovation in the renewable energy sector.
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Correlate Energy Corp. appoints Eli Albrecht to its board of directors, strengthening strategic capabilities and opening new avenues for growth and innovation.
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Correlate Energy Corp. reported Q2 2023 revenue of $4,158,122, a significant increase from $236,690 in Q2 2022. Operating expenses for the quarter totaled $1,460,362. The company secured $11.9 million for a solar project in Pennsylvania and raised over $2.5 million in funding. They also strengthened their management team, launched a joint venture, and currently have a portfolio of 1.940 MW. Correlate Energy Corp. believes that demand for renewables will continue to grow exponentially through 2030 and beyond.
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Correlate Infrastructure Partners Inc. has raised over $2.5 million in new funding through a private placement of a secured convertible note offering. The funds will be used for project fulfillment capabilities and working capital. The company also announced the hiring of two seasoned professionals to its senior management team.
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Correlate Infrastructure Partners Inc

OTC:CIPI

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3.91M
36.57M
8.86%
Engineering & Construction
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