Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Based in Boise, Idaho, Correlate Energy Corp. provides distributed, clean, and resilient energy solutions throughout North America. The company leverages a technology-driven, vertically integrated platform to handle sales, development, and fulfillment of these energy projects. It offers a complete suite of clean energy assessment and implementation services specifically for the commercial real estate industry. Additionally, Correlate Energy Corp. develops comprehensive energy and financing platforms tailored for commercial and industrial clients. The firm's services also extend to engineering, procurement, and construction (EPC) for solar energy initiatives, alongside expert consulting for such projects. Its diverse client base includes commercial retail, office buildings, industrial sites, hotels, and residential facilities. The company adopted its current name, Correlate Energy Corp., in August 2023, having previously operated as Correlate Infrastructure Partners Inc.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. Specifically, the stock is undervalued on EV/EBITDA.