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GridShare.com Opens New Clean-Tech Equity Crowdfunding Site in San Francisco to Fund Renewable Energy Startups and Community Solar Projects

26 Feb

Potential investors can peruse investment opportunities in a variety of renewable energy sectors, including: solar, wind, geothermal, biogas, and small hydropower

By Robert Hoskins

San Francisco, CA – GridShare.com announced the launch of its clean technology crowdfunding platform to help renewable energy and solar projects and clean-tech companies raise capital. By creating an online platform where investors can independently engage with project owners seeking funding, GridShare is positioned to be the leading force in crowdfunding for the alternative energy industry.

GridShare Enables Everyday People to Invest in Renewable Energy Projects in the Clean-Tech and Solar Companies around the World

GridShare Enables Everyday People to Invest in Renewable Energy, Solar, Wind, GeoThermal, and HydroPower Projects in the Clean-Tech Industry around the World

GridShare is a unique online platform where renewable energy project developers and clean-tech companies from around the world post their funding needs. Potential investors can peruse investment opportunities in a variety of renewable energy sectors, including: solar, wind, geothermal, biogas, and small hydropower. GridShare also intends to host funding opportunities for energy efficiency initiatives and early-stage clean technology ventures.

“Raising money has been a huge impediment to the growth of the capital-intensive renewable energy industry,” said Jack Jacobs, CEO and Co-Founder, GridShare. “Now, with GridShare’s help, a project developer or cleantech venture can tap into a new funding channel and, ultimately, spend less time fundraising and more time focusing on their core business.”

There are three different types of investment opportunities that a company may offer through GridShare: debt, equity, and donations. High net-worth individuals, or “accredited investors,” can browse projects online, read pertinent information about the venture, and then pledge funding in exchange for equity or interest. Non-accredited investors can donate funds to a project or company that offers this option. As soon as the JOBS Act crowdfunding rules are finalized, all users will be able to invest freely for equity online.

Posting a project on GridShare is free and easy. Once the GridShare team approves the project, it will be published online. Investors will then have the opportunity to review the project details, and pledge their financial support online. The offeror then contacts the investor to arrange payment and finalize investment terms.

“For too long, large banks have controlled which solar projects can be financed. Finally, project developers like Samba Energy can rely on GridShare to offer high quality solar investments to investors nationwide,” said Michael Hidary, Managing Partner, Samba Energy, a national provider of software and services for clean energy and commercial building energy efficiency. “Samba Energy can now complete more installations and private investors can gain strong, predictable returns from solar power projects.”

GridShare earns a commission from the offeror only if its funding goal is fully achieved. GridShare also offers optional services for users that prefer to sell securities through a registered broker/dealer, conduct legal transactions under the guidance of an experienced law firm, and/or develop their materials with the help of a marketing professional.

GridShare enables everyday people to invest in renewable energy projects and cleantech companies around the world. GridShare is an independent online crowdfunding platform for renewable energy projects and clean-tech companies seeking funding.  

Investors can engage directly and independently with owners and developers through the platform. By significantly expanding the funding options available to business owners and project developers, GridShare opens up the renewable energy industry to a much wider audience of investors.

The platform is clean technology agnostic, posting investment opportunities from all types of renewable energy projects and clean-tech companies.

GridShare allows renewable energy projects and clean technology companies to raise debt, equity and/or donations from investors. By diversifying the available investment opportunities, GridShare offers a more inclusive environment for non-accredited and accredited investors alike. 

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