Correlate Infrastructure Partners, a technology-enabled energy optimization and clean-energy-solutions provider for North America, has entered into a nonbinding letter of intent to acquire a leading solar, battery storage and roofing provider headquartered in California.
The target company is focused on sales and self-performance construction of solar and roofing services for residential and commercial properties.
Correlate believes this acquisition will create an unmatched platform for community-scale distributed generation, storage and virtual power-plant aggregation. The company will provide its growing platform of energy optimization solutions and finance services to further expand across new service regions.
“While Correlate continues to innovate its core platform services for commercial properties, we are actively integrating complementary energy service providers that align with our mission and strengthen our regional execution prowess,” said Todd M