"Triccar, Inc. Closes Acquisitions of Correlate, Inc. & Solar Site Design.
Founded in 2015 by Todd Michaels CEO, Correlate is an innovator in tech-enabled clean energy sales solutions. Mr. Michaels served as a former Executive for Innovation at SunEdison and NRG (NRG) and has 16 years' experience in this industry. Solar Site Design, founded in 2013 by Jason Loyet, is an award-winning project development platform serving the commercial solar industry. Mr. Loyet has twenty-five years of diversified experience building software and energy platforms.
Currently, Correlate and the Solar Site Design platform have an opportunity pipeline of over $100 million in commercial projects with more than $20 million in awarded backlog.
Matt Flemming, Chairman of Triccar Inc., stated "Todd Michaels and Jason Loyet are a part of a nationally recognized management team that has been active in the energy market since 2005. Through these platform acquisitions, the Company is entering a rapidly growing market with a unique offering to address a total market of more than 5.9 million commercial buildings in the domestic United States, according to EIA."
4m Float, 16m Market Cap as of this morning, and its QB.
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