Rising Interest in Indoor Farming and ESG Factors Portend Market Opportunities for Correlate Infrastructure Partners Inc. (CIPI) Partnership with CEA Lighting Experts

• Correlate Infrastructure Partners Inc. is a provider of environmentally friendly utilities use optimization solutions, utilizing proprietary data-driven analytics and industry expertise to improve outcomes
• CIPI recently formed a partnership with Ultra Yield Solutions (“UYS”) to support clients in the controlled environment agriculture (“CEA”) industry, such as vertical indoor growers
• Under the agreement, UYS will focus on cost-efficient LED lighting solutions while CIPI will deliver renewable energy options and financing opportunities to help make the indoor farming operation even more sustainable
• The global indoor farming market size is expected to reach $44.3 billion this year before growing to $122.3 billion by 2030 at a CAGR of 13.5 percent, with vertical farming comprising the fastest growing segment

Last month, the world’s largest indoor vertical farming operation opened in Pennsylvania with a 140,000-square-foot facility promising about 160 jobs and seven-day-a-week production (https://ibn.fm/AKwG3). The facility is likely to be a harbinger for the growth of indoor vertical farming practices, a subset of the farming technology-driven controlled environment agriculture (“CEA”) industry (https://ibn.fm/77Omd). A competing California company is already planning a larger facility in Virginia (https://ibn.fm/1SM6d).

Indoor vertical farming favors leafy green horticulture, one reason it is seen as the modus operandi of the home industry for cannabis where personal use cultivation is legal, as well as the majority of commercial operations (https://ibn.fm/tjaQE). Regardless of the type of agriculture being cultivated, indoor…

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NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

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