Correlate (OTCQB: CIPI), a tech-enabled development, finance and fulfillment platform for distributed energy solutions across North America, recently completed solar projects for American Tire Distributors’ headquarters and Continental Envelope’s manufacturing plant and announced it had commenced a third project in Reading, Pennsylvania. “The first project was completed at American Tire Distributors (‘ATD’) headquarters in Huntersville, North Carolina. The initiative aims to reduce ATD’s carbon footprint and generate substantial cost savings by reducing reliance on traditional energy sources. Over the next two decades, it’s expected to reduce CO2 emissions by 5,463 tons… The second solar project was constructed at Continental Envelope’s manufacturing plant in Geneva, Illinois, one of Illinois’ largest rooftop solar facilities. Continental Envelope serves prominent clients in various industries and has integrated the clean energy system into its 84-year-old printing facility, producing 2 billion envelopes annually. The solar project will provide approximately 20%-25% of the facility’s energy needs, ensuring energy stability and promoting sustainability for years. The third project in Reading, Pennsylvania, which has grown from 3.8 MW to 5.2 MW, is the company’s largest project to date,” a recent article reads. “We are thrilled to unveil this remarkable project, reflecting our dedication to providing clients with best-in-class sustainability solutions and reducing their carbon footprint,” Todd Michaels, Correlate’s CEO, said of the project completed at ATD’s headquarters.
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About Correlate Energy Corp.
Correlate is a publicly traded company strategically positioned to capitalize on America’s unstoppable trend toward decentralized energy generation. The company employs a three-pronged strategy to create stockholder value from this multitrillion-dollar trend. First, Correlate seeks to finance, develop and profitably sell localized clean energy solutions and microgrids to industrial, commercial and residential customers. Secondly, Correlate plans to retain ownership of some of these energy systems and thereby realize ongoing, reliable cash flow. Third, Correlate seeks to acquire proven renewable energy companies in order to exponentially grow earnings per share for investors. Correlate’s management and board consist of industry experts who, during their careers, have successfully financed, developed and installed over two billion dollars of clean energy projects for their clients. For more information about the company, visit www.Correlate.Energy/investors.
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