Correlate Energy is a small, technology-enabled platform that helps commercial real estate owners and REITs reduce energy costs and carbon emissions through clean energy upgrades. Correlate targets building owners who lack the capital, time, or expertise to implement energy improvements — particularly those with large, complex, or multi-site portfolios. Correlate's core offering is end-to-end development and delivery of energy retrofit projects, covering solar installation, lighting upgrades, HVAC improvements, battery storage, EV charging, and smart energy management systems. Correlate handles the full project lifecycle — engineering, financing, procurement, construction, and monitoring — under a single turnkey engagement, with 100% project financing and no upfront capital required from building owners. Correlate earns revenue primarily through EPC contracts, recognized as projects progress, and to a lesser extent through consulting services. A key part of the model is Correlate's proprietary software platform, which acts as a digital twin building energy simulator, automating project origination and engineering assessment to keep customer acquisition costs low. Correlate does not manufacture equipment or provide its own financing; it acts as an integrator, sourcing equipment across multiple suppliers and connecting projects to third-party lenders offering PPAs, PACE financing, ESAs, and loans. Correlate originates most projects through a third-party referral network, supplemented by direct sales, and operates nationally with a focus on the Northeast, California, and Hawaii. With only 19 employees, Correlate relies heavily on independent contractors and regional installers for project execution.