Solar Investment 1 – Closed
An 8 MW portfolio of operating solar projects. CleanCapital is pleased to announce we have sold all available units of this offering.
The offering is closed
CleanCapital offers debt & equity interests in an 8 megawatt portfolio of operating solar projects. The portfolio consists of 15 solar projects in seven states (California, Oregon, Colorado, Pennsylvania, New Jersey, North Carolina, and Delaware). Investors will purchase equity interests in a holding company which will own each of the underlying solar projects. Proceeds of the investment will be used to fund the purchase price of the portfolio acquisition as well as ordinary course closing costs.
The portfolio is diverse. Two projects are located in California, three projects in Oregon, six projects in Colorado, one project in Delaware, one project in New Jersey and one in Pennsylvania. Projects have various offtake arrangements. Power sales are the sole revenue source on five projects while power sales plus solar incentives are the combined revenue sources on the others. All projects are supported by strong credit revenue source.
|Location||KW (DC)||COD||PPA TERM|
|Wilmington, DE||25||Sept 2012||15|
|Pueblo, CO||1193||Dec 2008||20|
|Ordway, CO||181||Feb 2011||20|
|Del Norte, CO||101||May 2011||20|
|Blythe, CA||1156||Aug 2009||20|
|Brawley, CA||101||July 2008||20|
|Portland, OR||299||Oct 2011||15|
|Keasbey, NJ||2421||Dec 2009||15|
|Gladstone, OR||295||Oct 2011||20|
|Grants Pass, OR||99||Mar 2012||15|
|Saguache, CO||71||Nov 2010||20|
|Canon City, CO||801||Dec 2009||20|
|Swink, CO||98||Jan 2011||20|
|Easton, PA||31||Aug 2010||20|
Information on this website does not convey an offer of any type and is not intended to be, and should not be construed as, an offer to sell, or a solicitation of an offer to purchase, any interest in a portfolio. Any such offer or solicitation may be made only pursuant to the offering memorandum of such portfolio or fund (the “Offering Memorandum”) and not on the basis of the information contained on this website. This website is qualified in its entirety by the Offering Memorandum, which should be reviewed carefully prior to making an investment.
Every investment has the potential for loss as well as profit. The investment described herein is speculative, involves significant risk and is suitable only for investors of substantial net worth who are willing and have the financial capacity to purchase a high risk investment which may not provide any immediate cash return and may result in the loss of all or a substantial part of their investment. No assurance can be given that the investment objective described herein will be achieved. An investor should be able to bear the complete loss of its investment with CleanCapital.
This website includes details of performance targets. No representation is being made that the investment opportunity described herein will or is likely to achieve such targets. In fact, there are frequently significant differences between targeted performance results and the actual results subsequently achieved by any particular trading program. There are numerous factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the determination of performance targets and all of which can adversely affect actual investment results.
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