07:49:58 EDT Mon 20 May 2024
Enter Symbol
or Name
USA
CA



Copperleaf Technologies Inc
Symbol CPLF
Shares Issued 71,898,976
Close 2023-05-16 C$ 6.05
Market Cap C$ 434,988,805
Recent Sedar Documents

Copperleaf Technologies signs Baltimore Gas contract

2023-05-16 17:17 ET - News Release

Mr. Paul Sakrzewski reports

BALTIMORE GAS AND ELECTRIC SELECTS COPPERLEAF ASSET FOR INVESTMENT PLANNING

Copperleaf Technologies Inc. has been selected for its decision analytics solution by Baltimore Gas and Electric (BGE), the largest utility provider in Maryland. BGE serves over 1.3 million electric customers and 700,000 gas customers across the state.

BGE will implement Copperleaf Asset to manage its transmission and substation asset sustainment plans. With Copperleaf Asset, BGE will be able to pro-actively manage risk exposure, create what-if scenarios to make informed trade-offs between investment strategies, and bundle asset interventions in the most efficient and cost-effective way using Copperleaf's intelligent bundling capability.

"The use of Copperleaf Asset, and the new capabilities to be developed through our partnership, will enable BGE's asset management strategy to move beyond individual asset replacement programs," said Jermel Miller, director of transmission and substation engineering. "In our constant pursuit of improved system reliability and increased customer satisfaction, this platform will ensure the dollars we invest in asset performance improvement provide the largest value to our customers."

"We are delighted to welcome BGE, a leader in energy innovation, to the Copperleaf Community and look forward to building a successful long-term partnership," shared Paul Sakrzewski, Copperleaf chief executive officer. "By eliminating silos and using Copperleaf Asset to balance cost, risk and business outcomes across all asset classes, BGE can make value-based decisions that align with its strategic objectives."

About Baltimore Gas and Electric

BGE is Maryland's largest natural gas and electric utility, providing safe and reliable energy delivery to more than 1.3 million electric customers and 700,000 natural gas customers in central Maryland. The company was founded in 1816 as the nation's first gas utility and remains headquartered in Baltimore city to this day. BGE is a subsidiary of Exelon Corp. (Nasdaq: EXC), the nation's leading energy utility company. Engage with the latest BGE stories on BGE's website and connect with BGE on Facebook, Twitter, Instagram and YouTube.

About Copperleaf Technologies Inc.

Copperleaf provides enterprise decision analytics software solutions to companies managing critical infrastructure. The company leverages operational and financial data to empower its clients to make investment decisions that deliver the highest business value. What sets it apart is its commitment to providing extraordinary experiences, shaped by people who care deeply, products that deliver exceptional value and partnerships that stand the test of time. Copperleaf is a patron of the Institute of Asset Management and actively participates in shaping the future of asset management standards, including ISO 55000. Headquartered in Vancouver, Canada, the company's solutions are distributed and supported by regional staff and partners worldwide. Together, it is transforming how the world sees value.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.