Correlate Infrastructure Partners (OTCQB: CIPI), a growth-oriented distributed energy company, today announced that it has raised over $2.5 million in new funding from investors in fiscal year 2023 from a private placement of a secured convertible note offering. The company intends to use the net proceeds to ramp up its project fulfillment capabilities and for working capital purposes. In addition, Correlate announced the hiring of two seasoned professionals to its senior management team, enhancing the company’s leadership capabilities and expertise. Roger Baum, an accomplished construction industry veteran, has joined Correlate as the EVP of Operations. Jed Freedlander, with a background in infrastructure development, investment, and a strong legal, commercial and finance acumen, has been appointed as the company’s chief development officer. “We are delighted to welcome Jed Freedlander to Correlate as our Chief Development Officer,” said Todd Michaels, CEO of Correlate. “His extensive background in infrastructure development and his commitment to delivering sustainable solutions align perfectly with our mission. With Jed’s expertise, we are confident in our ability to execute strategic projects that bring long-term value to our partners and stockholders.”
To view the full press release, visit https://ibn.fm/zE7h1
About Correlate Infrastructure Partners Inc.
Correlate Infrastructure Partners is a publicly traded company strategically positioned to capitalize on America’s unstoppable trend towards decentralized energy generation. The company employs a three-pronged strategy aimed at creating 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.
NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI
About Green Energy Stocks
Green Energy Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the InvestorBrandNetwork (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.
To receive SMS text alerts from Green Energy Stocks, text “Green” to 844-397-5787 (U.S. Mobile Phones Only)
For more information, please visit https://www.greennrgstocks.com
Green Energy Stocks is part of the InvestorBrandNetwork.