Dalrada
Energy Services Announces Partnership with Banyan Infrastructure to
Improve ESG Banking Transparency
SAN DIEGO, CA -- June 27, 2022 --
InvestorsHub NewsWire -- Dalrada
Corporation (OTCQB: DFCO, "Dalrada") today announced
its clean energy subsidiary, Dalrada Energy Services (DES), has
entered into a strategic partnership with Banyan Infrastructure, a
San Francisco-based software company. The partnership provides a
secure cloud-based software as a service (SaaS) solution for DES
sustainable infrastructure and renewable ESG projects, improving
banking transparency.
With increased transparency, lenders
and investors can securitize deals with greater ease. Digitizing
traditionally static documents, Banyan Infrastructure's secure SaaS
platform aggregates and contextualizes disparate data sources and
streamlines workflows across multiple counterparties to ensure the
contractual compliance of each entity in a DES-ESG
contract.
"Partnering with Banyan Infrastructure gives DES a 360-degree
view of the financial components of its ESG contracts across IoT
monitoring systems, bank accounts, and other asset management
applications," said DES President, Tom Giles. "This capability
ensures that our ESG clients meet net-zero goals and contractual
obligations with complete transparency, while also saving money and
receiving higher quality service."
The partnership is expected to boost loan transparency and
expedite internal communication, allowing for the origination,
service, and syndication of loans for infrastructure projects at a
higher volume and lower cost.
According to Banyan Infrastructure CEO,
Will Greene, "Green energy investors and lenders can now accelerate
decision making and simplify workflow complexity with Banyan
Infrastructure's secure online platform. The result is improved
financing costs and new avenues for green energy liquidity,
allowing rapid ESG installations by Dalrada Energy Services
worldwide."
DES advanced technology solutions include products that will
enable institutions, industries, businesses, and government
agencies to implement long-term clean energy and net-zero
sustainability initiatives by or before 2050.
To learn more about how Dalrada Corporation continuously
creates innovative solutions to address the complex challenges of
today and the future, please visit www.Dalrada.com.
About Banyan
Infrastructure
Banyan Infrastructure combines financial and technological
innovation to accelerate the deployment of solar, wind and other
critical infrastructure around the globe. The Banyan Platform
oversees and automates the complex and time-consuming contractual
management of these small, distributed assets. Our solution
de-risks these assets for lenders, decreases overhead costs, and
increases the ability to refinance these projects at a lower cost
of capital. This gets more clean-tech installed faster at lower
costs. For additional information, please visit www.BanyanInfrastructure.com.
About Dalrada
Dalrada Corporation drives innovation that positively impacts
people, businesses, and the planet. With subsidiaries that are
firmly positioned in the world's top three-growing industries of
healthcare, clean energy, and technology, Dalrada creates solutions
that are sustainable, affordable, and accessible.
The company works continually to produce disruptive products
and services that accelerate positive change for current and future
generations. Dalrada's global solutions directly address climate
change, post-pandemic gaps in the healthcare industry, and
technology solutions for a new era of human behavior and
interaction, ensuring a bright future for the world around
us.
Established in 1982, Dalrada has since grown its footprint to
include the unique business divisions: Dalrada Health, Dalrada
Precision, and Dalrada Technologies. For more information, please
visit www.dalrada.com,
and follow us on Twitter,
Facebook, and LinkedIn.
Disclaimer
Statements in this press
release are not historical facts, the statements are
forward-looking, including statements regarding future revenues and
sales projections, plans for future financing, the ability to meet
operational milestones, marketing arrangements and plans, and
shipments to and regulatory approvals in international markets.
Such statements reflect management's current views, are based on
certain assumptions, and involve risks and uncertainties. Actual
results, events, or performance may differ materially from the
above forward-looking statements due to a number of important
factors and will be dependent upon a variety of factors including,
but not limited to, our ability to obtain additional financing that
will allow us to continue our current and future operations and
whether demand for our products and services in domestic and
international markets will continue to expand. The Company
undertakes no obligation to publicly update these forward-looking
statements to reflect events or circumstances that occur after the
date hereof or to reflect any change in the Company's expectations
regarding these forward-looking statements or the occurrence of
unanticipated events. Factors that may impact the Company's success
are more fully disclosed in the Company's most recent public
filings with the US Securities and Exchange Commission ("SEC"),
including its annual report on Form 10-K.
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