Skip to main content

GreenEnergyBreaks – Correlate Infrastructure Partners Inc. (CIPI) Announces Record Revenue in Q3 2022, Provides Business Update

Correlate Infrastructure Partners (OTCQB: CIPI), a tech-enabled development, finance and fulfillment platform for distributed energy solutions across North America, has announced financial results for the third quarter ended Sept. 30, 2022, and year-to-date ended Sept. 30, 2022. Among the highlights, the company reported $2,312,577 in total revenue for the three months ended Sept. 30, 2022, compared to $236,690 for the three-month period ended June 30, 2022. The significant increase resulted from completion of construction milestones in contracted projects. “We continue to make smart choices to optimize our organic project delivery based on a dynamic 2022 regulatory and supply chain landscape. The Inflation Reduction Act enacted in late August provided new tax incentives that reduce costs for clients and/or elevate returns to investors; this led to larger contract sizes with redesigns to domestic content. While this meant delaying some project starts, it will be a big net gain, and will open new markets for us in 2023,” said Todd Michaels, chief executive officer of Correlate. “With this in mind, we have finalized our M&A plans through Q2 2023 and seek to close our first acquisition by year end.”

To view the full press release, visit https://ibn.fm/OPK4n

About Correlate Infrastructure Partners Inc.

Correlate Infrastructure Partners is a tech-enabled development, finance and fulfillment platform for distributed energy solutions across North America. The company’s integrated solutions include solar, cogeneration, energy storage, electric vehicle infrastructure and intelligent efficiency retrofits for community-scale applications. Correlate reduces costs, improves comfort and increases energy reliability for home, work and commerce while eliminating the adoption barriers to net-zero carbon goals. 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

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

Please see full terms of use and disclaimers on the Green Energy Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.greennrgstocks.com/Disclaimer

Green Energy Stocks
Los Angeles, CA
greennrgstocks.com
415.949.5050 Office
Editor@GreenNRGStocks.com

Green Energy Stocks is part of the InvestorBrandNetwork.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.