We are seeking up to 40 IMPACT investors (up to 20 for each solarfarm) ~ being investors who are inspired by local, ethical, responsible and fossil fuel free investments, see themselves taking on, or building upon, a leadership role in renewable energy, and contribute to furthering the clean energy transition in Lismore and beyond.
There is also and opportunity for investors to take on a directorship role on the Board of the community companies. For more information about the Business Model, click here.
The average minimum investment per share will be based on the maximum of 20 investors per solarfarm (2 x 100kW projects) and the agreed loan to Lismore City Council of $180,000 per project (i.e. $180,000/20 = $9,000*).
Details regarding the anticipated and estimated investment return will be provided as part of the Investment Offer Documents.
PRIVATE INVESTMENT OFFERS OPEN
The private investment offers are open as of 28th June 2016. The offers will remain open until 22 August 2016, or may close sooner if fully subscribed.
The investment offers are distributed to all the geniunely interested potential investors on the private “PLEDGE” list. To join the pledge list, and to receive digital copies of the investment offers, please contact Susanna Carpi on firstname.lastname@example.org | 0401956710.
Disclaimer: Lismore City Council (Council) is not in a financial partnership or joint venture with Starfish Initiatives, the Farming the Sun collaboration, or any other associated entity or organisation. Council’s role in this initiative is as borrower of funds and as the entity that owns and constructs the solar farms. Council does not guarantee the appropriateness of any investment in this initiative. The material provided by Council about the initiative is general in nature and does not constitute financial advice. If you are considering investing in this initiative, you should obtain advice from a suitably qualified advisor. You should obtain and review a Product Disclosure Statement or Prospectus before making any decision to invest.