VANCOUVER, BC, May 28, 2024
/CNW/ - Copperleaf® Technologies Inc. (TSX:
CPLF) ("Copperleaf" or the "Company"), announces the selection of
its asset investment planning and decision analytics solution by
ESB (Electricity Supply Board) Networks, the company responsible
for building, operating, maintaining and developing the electricity
network in the Republic of
Ireland.
Serving 2.5 million customers, ESB Networks operates across the
entire network–from generation, through transmission and
distribution, to supply. The organization needed an out-of-the-box
solution that could enhance decision making, optimize investment
planning, and assist in regulatory reporting.
ESB Networks selected Copperleaf to support the company in its
ambition to achieve zero carbon emissions by 2040 and become a
world-class sustainable networks business. Copperleaf will empower
ESB Networks to make risk-based, data-driven decisions, manage
assets across the whole lifecycle, and ensure it can deliver
reliable, sustainable services to its customers.
This also represents the first win for Copperleaf under the SAP
Endorsed App Initiative, announced in 2023. This premium
certification helps Copperleaf enable the intelligent
enterprise for customers for a reliable and sustainable future.
"ESB Networks joins a growing number of electric utilities
leveraging Copperleaf to make the highest-value decisions in an
evolving industry," said Conor Toal,
Regional Sales Manager at Copperleaf. "We are proud to welcome them
to the Copperleaf Community and look forward to working with ESB
Networks on their journey to net zero."
"Electric companies face a number of key business challenges,
including climate change, new technologies, and increased costs,"
added Stefan Sadnicki, Managing
Director for Copperleaf in Europe,
Middle East, and Africa (EMEA). "Copperleaf will allow ESB
Networks to identify, plan and deliver the most valuable projects
to build a safer, more resilient network for its shareholders,
customers and communities."
Forward-Looking Statements
This press release may contain "forward-looking information" and
"forward-looking statements" (collectively, "forward-looking
information") within the meaning of applicable securities laws in
Canada, including, without
limitation, statements with respect to our expectations, plans or
future opportunities. Forward-looking information is necessarily
based on a number of opinions, estimates and assumptions that we
consider appropriate and reasonable on the date such statements are
made, but which are subject to known and unknown risks,
uncertainties, assumptions and other factors that may cause actual
results, level of activity, performance or achievements will be
materially different from those expressed or implied by such
forward-looking information, including, but not limited to, the
risk factors described in our 2024 Annual Information Form ("AIF")
under "Risk Factors. Accordingly, readers should not place undue
reliance on forward-looking information.
Except as required by law, the Company undertakes no obligation
to update this forward-looking information if the Company's
expectations regarding future events change, or actual results
differ from the expectations expressed in this press release.
About ESB Networks
ESB Networks supplies electricity to the Republic of Ireland. Established in 1927, the
company is majority-owned by the Irish government and is committed
to providing clean, affordable and reliable energy. ESB Networks
operates across the entire network–from generation, through
transmission and distribution, to supply, and aims to achieve zero
carbon emissions by 2040.
About Copperleaf
Copperleaf (TSX:CPLF) provides enterprise decision analytics
software solutions to companies managing critical infrastructure.
We leverage operational and financial data to empower our clients
to make investment decisions that deliver the highest business
value. What sets us apart is our industry-leading products and our
commitment to providing extraordinary experiences, shaped by people
who care deeply and partnerships that stand the test of time.
Copperleaf is actively involved in shaping and implementing global
industry standards and sustainability principles through our
participation in the United Nations Global Compact, the Institute
of Asset Management, and other organizations. Headquartered in
Vancouver, Canada, our solutions
are distributed and supported by regional staff and partners
worldwide. Together, we are transforming how the world sees
value.
Source: Copperleaf Technologies Inc. CPLF-IR
SOURCE Copperleaf Technologies Inc.