Energea Portfolio 3 Africa

Energea Portfolio 3 Africa

Open  for investment

About this raise

Energea Portfolio 3 Africa is raising funds independently through Reg A+ crowdfunding. It is a portfolio of solar projects in South Africa formed under the partnership of Energea Global with The Sun Exchange. The project, Solarize South Africa, owns several renewable energy projects in the region and has generated a historical IRR of 9.8%. Michael Silvestrini founded Energea Portfolio 3 Africa in 2021. The current crowdfunding campaign has a maximum target of $50 million. The campaign proceeds will be used for the completion of the existing projects.

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Investment Overview

Funding data not publicly available

Deal Terms

Platform
Self Managed
Start Date
06/17/2024
Close Date
Not Provided
Min. Goal
$100
Max Goal
$50,000,000
Min. Investment

$100

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.25

Company & Team

Company

Year Founded
2021
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Location
Durham, Connecticut
Company Website
Visit Website

Team

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$819
 Runway
24+ months

Balance Sheet

Cash and Cash Equivalents

$1,109,421

Investment Securities

$0

Accounts and Notes Receivable

$21,165

Property, Plant and Equipment (PP&E)

$1,446,628

Property and Equipment

$0

Total Assets

$2,577,214

Accounts Payable & Accrued Liabilities

$164,829

Long Term Debt

$0

Total Liabilities

$164,829

Total Stockholders' Equity

$2,412,385

Total Liabilities and Equity

$2,577,214

Statement of Comprehensive Income Information

Total Revenues

$85,420

Costs & Expenses Applicable to Rev

$65,330

Depreciation and Amortization

$29,920

Net Income

$-9,830

Earnings Per Share - Basic

$-0.01

Earnings Per Share - Diluted

$-0.01

Auditor: Whittlesey PC
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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/17/2025 Self Managed - - Equity - Common Active RegA+
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Energea Portfolio 3 Africa on Self Managed 2024
Platform: Self Managed
Security Type: Equity - Common
Price per Share: $1.25

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