La Finca’s Solar Energy Project
Solar Energy Project
Overview
Raised: $100,000
Total Commitments ($USD)
Platform
Climatize
Start Date
04/16/2024
Close Date
04/19/2024
Min. Goal
$80,000
Max. Goal
$100,000
Min. Investment
$5
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
10.00%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$50,000
# of Investors
3
Momentum
Funded
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Year Founded
2023
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Location
Cedar Grove, North Carolina
La Finca’s Solar Energy Project is raising funds on Climatize. It is a solar energy project to be deployed at La Finca Naturals, a small regenerative farm in Mebane, North Carolina. La Finca’s Solar Energy Project will include a 14.74 kW DC solar installation with 92.16 kWh of battery storage for a small all-season farm dedicated to pesticide-free produce. The project has secured a 40% ITC, has been awarded a 50% USDA REAP grant, and will help to avoid 316 metric tons of carbon dioxide equivalent. John Carey founded La Finca’s Solar Energy Project in April 2024. The current crowdfunding campaign has a minimum target of $80,000 and a maximum target of $100,000. The campaign proceeds will be used to complete the solar and storage project.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$500,037 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$500,037 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 04/16/2024
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Solar for Liberty Hill Farms | 07/27/2024 | Climatize | - | $21,900 | Debt | Active | RegCF |
| Countryside Solar Portfolio | 05/26/2024 | Climatize | - | $885,000 | Debt | Active | RegCF |
| La Finca’s Solar Energy Project | 04/18/2024 | Climatize | - | $100,000 | Debt | Funded | RegCF |
| Solar for Debra’s Family Farm | 03/28/2024 | Climatize | - | $29,965 | Debt | Funded | RegCF |
| Solar Harvest for Howle Farms | 03/13/2024 | Climatize | - | $309,200 | Debt | Funded | RegCF |
| Shifting Gears to Solar | 03/03/2024 | Climatize | - | $144,400 | Debt | Funded | RegCF |
| Light Up Rural America | 12/28/2023 | Climatize | - | $310,000 | Debt | Funded | RegCF |
| Solar Resilience for Farmer’s Hardware | 12/22/2023 | Climatize | - | $264,100 | Debt | Funded | RegCF |
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