medium scale RE financing [RE-wrenches]
Conrad Geyser
conradg at cape.com
Mon Apr 14 03:35:52 PDT 2008
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Hopefully Michael doesn't chastise me for this as it might be better suited
for the Markets list....
We're working on the formation of an LLC to serve as a community based
financing entity. The primary focus is to provide the benefits of the tax
credit and depreciation to non-profits and municipal sties and thus allow
installations to enjoy full economic value.
The difference between what we're doing and what has already been
done(i.e.SunEdison) is that ours would be small. This is to not trigger SEC
and other onerous (read: expensive) legal requirements that would kill all
but much larger sized organizations. In my veiw, the template for the LLC
should be made "open source" as it really doesn't have much value held in
the individual community. To that extent, I'm wondering if anyone has any
experience with this that they would be willing to share.
Conrad
Cotuit Solar
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