Correlate Infrastructure Partners Ltd (OTCMKTS:CIPI) Stock Falls 8% In a Week: Here is Why

Over the course of the past week, Correlate Infrastructure Partners Ltd (OTCMKTS:CIPI) has seen its stock take a bit of a beating as it ended up with a decline of as much as 8% amidst a selloff. It is often noticed that such a decline can often prove to be an opportunity for investors as well and hence, it may be a good idea for investors to take a closer look at Correlate Infrastructure Partners and then figure out if the stock can bounce back.

Trading Data     

On Tuesday, CIPI stock ended flat at $1.10 with more than 250 shares, compared to a volume of 470 shares. The stock moved within a range of $1.1000 – 1.1000 after opening trade at $1.10.

About Correlate Infrastructure Partners

The company is involved in providing a full-service suite of clean energy solutions which are meant for commercial real estate companies. The company has managed to create a portfolio scale development and financing platform that is meant for industrial as well as commercial plants the easy access to clean electrification products.

In addition to that, it is also important to point out that Correlate Infrastructure Partners has an innovative data-driven approach that is powered by its proprietary data analytics tools. On top of that, the fulfillment network that Correlate Infrastructure Partners has created is also something that investors ought to have in their minds when they consider the company.

Correlate Infrastructure Partners and Leading IoT Consulting Group Launch Revenue Generation Program for Commercial Real Estate Owners

Yesterday, the company was actually in the news after it made an announcement with regards to the launch of a new program.

Correlate Infrastructure Partners announced yesterday that it had launched the Correlate Portfolio Health Program in collaboration with Abundant IoT. The new program is aimed at the collaborative development of a program meant for generating revenues for commercial real estate players. The aim of the company is ultimately to reduce the issues that may arise between property owners and those who provide services to property owners. Thereby the company believes that the reduction in this friction is ultimately going to help in improvement in income levels and at the same time meet the ESG (environmental, social, and governance) goals. Abundant IoT, which is the collaborator in this program, is involved in the global technology services aggregation space and also involved in the energy services space.