NhSolarGarden.com

Solar development firm

Overview

Raised to Date: Raised: $97,600

Total Commitments ($USD)

Platform

Raise Green

Start Date

11/02/2022

Close Date

01/26/2023

Min. Goal

$30,000

Max. Goal

$112,000

Min. Investment

$500

Security Type

Debt

Series

Seed

Funding Type

RegCF

Interest Rate

6.50%

Term Length

3.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/31/2023

Days Remaining
Funded
% of Min. Goal

325%

% of Max. Goal

87%

Likelihood of Max
Funded
Avg. Daily Raise

$1,148

Momentum
Funded
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Location

Buffalo, New York

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

NhSolarGarden.com is raising funds on Raise Green. It is a solar development company with experience in engineering, constructing, financing, and maintaining solar projects. The company has a development pipeline of 170 MW of solar projects in Puerto Rico and New England and is one of the most experienced developers in the New Hampshire market. NhSolarGarden is currently working on developing the Allenstown Community Center project with a 56kW rooftop solar array to power 70% of the electrical consumption of the community center. Andrew Kellar founded NhSolarGarden.com in January 2014. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $112,000. The campaign proceeds will be used to complete the development of the Allenstown Community Center project.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$547,496

$165,682

COGS

$0

$0

Tax

$27,412

$-7,930

 

 

Net Income

$160,469

$60,592

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$173,284

$174,289

Accounts Receivable

$0

$0

Total Assets

$137,284

$174,289

Short-Term Debt

$229,913

$81,317

Long-Term Debt

$0

$0

Total Liabilities

$229,913

$81,317

Financials as of: 11/02/2022
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NhSolarGarden.com on Raise Green 2022
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Platform: Raise Green
Security Type: Debt

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