The company enters the energy optimization market based on fast-growing technology for the commercial real estate sector
BOISE, ID & NASHVILLE, TN / ACCESSWIRE / December 29, 2021 / Triccar, Inc. (OTCQB: TCCR) (“TRICCAR”) is pleased to announce the final touch of the one hundred percent acquisition of Correlate, Inc. (” Correlate “) and Loyal Enterprises LLC dba Solar Site Design (” Solar Site Design “), creating a new data-driven platform designed for ads and advertising assets that homeowners are particularly looking for their net operating income. the progression and financing of generation projects, the corporate supplies the energy optimization of the portfolio with the sustainable expansion of the utilities of the buildings at the national level.
Founded in 2015 through TODD CEO MICHAELS, Correlate is an innovator in technology-based blank energy sales solutions. Michaels, a former innovation executive at SunEdison and NRG (NRG) and has 16 years of experience in this industry. Solar Site Design, founded in 2013 through Jason Loyet, is an award-winning assignment progression platform serving the advertising sun industry. Loyet has twenty-five years of diversified experience in building software and electrical platforms.
Currently, Correlate and the Solar Site Design platform have a portfolio of opportunities of more than $100 million in advertising projects with more than $20 million in outstanding orders allocated. The underlying monetary energy systems and carbon relief mandates that come into effect globally. According to the Rocky Mountain Institute, the energy optimization portfolio is a $290 billion market in the U. S. It generates significant monetary savings and energy power across the advertising sector.
Todd Michaels, President and Chief Executive Officer of Correlate, said, “With this transaction, Correlate enters the public market at a key expansion tipping point. The company is ultimately benefiting from distribution and sales partnerships with Fortune 250 corporations and a strong and proven business network. “Transparent, style adjusts price for facility owners and solution providers shown looking for scalability. »
Matt Flemming, President of Triccar Inc. , said, “Todd Michaels and Jason Loyet are part of a nationally identified leadership team that has been active in the energy market exchange site since 2005. Through those platform acquisitions, the company is entering a developing market location with exclusive supply to address a global market of more than 5. 9 million advertising buildings in the United States, according to the EIA. “
Both acquisitions completed on December 28, 2021, creating a leading provider of zero-carbon building platforms, allowing Correlate to expand its unique construction fitness assessment it provides to the advertising real estate industry. , Triccar issued a total of 8. 5 million non-unusual shares to the shareholders of Correlate and Solar Site Design in exchange for one hundred% (100%) of the interests of Correlate and Solar Site Design.
In addition, at closing, Todd Michaels president, chief executive officer and director of Triccar, while George R. Powell, Corey Hunt and Jason Loyet have joined Triccar’s board of directors to fill vacancies created through the resignations of Bernard O’Donnell and Frank Federer. .
Triccar plans to request a call replacement to better reflect its new platform and expansion goal. Its shares will continue in the industry on the OTCQB market with the existing TCCR ticker symbol until further notice.
ABOUT TRICCAR: Triccar, Inc. , its two subsidiaries, Correlate and Solar Site Design, offers a full suite of proprietary blank energy valuation responses for the advertising real estate industry.
Correlate is a portfolio-wide financing and progression platform that provides advertising and advertising services with blank electrification responses targeting local solar, energy storage, electric vehicle infrastructure and smart power measures. Its unique data-driven technique relies on proprietary analytics, concierge subscription services, and a highly scalable nationwide distribution network to help construction homeowners take advantage of the merit of turnkey and fully funded facility conditioning and decarbonization programs.
The Company’s online page is at: https://www. correlateinc. com/
Solar Site Design is a U. S. laureate. Department of Energy Sunshot Catalyst that supplies visitor allocation and acquisition progression equipment for the advertising sun industry. Its advertising marketplace platform connects highly professional assignment opportunities with leading solar structure corporations across the country.
The Company’s online page is at: https://www. solarsitedesign. com/
Forward-Looking Statements This press release would possibly come with “forward-looking statements” relating to Triccar, Inc. , its subsidiaries, operations and allocation plans. These forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the U. S. Securities and Exchange Act. UU. De 1934, as amended, and are intended to be covered through the port created through such sections. When Triccar, Inc. expresses or implies an expectation or confidence related to executing occasions or results, such expectation or confidence is deemed to have a moderate basis. However, forward-looking statements are subject to risks, uncertainties and other points that may also cause actual effects to differ materially from the long-term effects expressed, assigned or Triccar, Inc. assumes no legal responsibility to update any forward-looking statements, unless required to do so by applicable law.
Investors may contact: Market Street Capital, Inc. at (832) 447-7592
SOURCE: Triccar Inc.
See the accesswire. com edition: https://www. accesswire. com/679991/Triccar-Inc-Closes-Acquisitions-of-Correlate-Inc-Solar-Site-Design