Two Rivers Project

Two Rivers Project

Early Stage

Solar Project

Solar Project

Overview

Raised this Round: Raised: $60,535

Total Commitments ($USD)

Platform

Andes Capital

Start Date

05/15/2024

Close Date

08/29/2024

Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment

$250

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Year Founded

2022

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Location

Pasadena, California

Two Rivers Project is raising funds on Andes Capital. It is a solar project in Camden County, Georgia, with 100MW solar and 50 MW/100 MWh storage. Two Rivers Project plans to generate 200,174 MWh of solar energy in the first year with an annual carbon offset of 156,000 tons, equivalent to over 30,400 cars taken off the road. The project is under development and has an expected commercial operation date of April 2026. Daniel Kim founded the Two Rivers Project in August 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for project development and marketing.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$143,592

$47,388

Tax

$302,027

$80,670

 

 

Net Income

$445,619

$128,058

Summary Balance Sheet

FY 2023 FY 2022

Cash

$0

$0

Accounts Receivable

$473

$75,000

Total Assets

$473

$75,000

Short-Term Debt

$574,150

$203,058

Long-Term Debt

$0

$0

Total Liabilities

$574,150

$203,058

Financials as of: 05/15/2024
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Two Rivers Project on Andes Capital 2024
Platform: Andes Capital
Security Type: Equity - Common
Price per Share: $1.00

Follow company

Follow Two Rivers Project on Andes Capital 2024

Buy Two Rivers Project's Deal Report

Two Rivers Project Deal Report

Get KingsCrowd’s comprehensive report on Two Rivers Project including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Two Rivers Project is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Two Rivers Project deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge