Green Stream Holdings
(GSFI) Completes Structural Engineering for 160 Imlay
Street Project; Submits for Solar
Interconnectivity with ConEdison NY
Grid
Malibu, CA
-- February
23, 2021 -- InvestorsHub NewsWire
-- Green Stream Holdings Inc. (OTC
PINK:
GSFI) ("the
Company")("Green Stream") (http://www.GreenRainSolar.com ), an emerging leader in the solar utility and
finance space, announces
today key updates on
its flagship project
site 160 Imlay Street in Brooklyn, NY.
The Company
has officially completed its structural engineering for the 160
Imlay Street Project and has submitted its application to integrate
its solar and photovoltaic initiatives with conEd's powerful electric distribution
grid.
$GSFI (OTC:
GSFI) structural engineering diagram for 160 Imlay St.
project
Con Edison provides electric services to
3.2 million customers in New York City and portions of Westchester
County. Electricity is delivered through approximately 94,000 miles
of underground cable, and almost 37,000 miles of overhead
cable.
As the demand
for solar energy soars, the industry is booming in New York. Solar
clients expect prompt interconnection, but this isn't always the
case. The State of New York and utility companies, such as Con
Edison, both have interconnection
requirements.
The vast
majority of solar installers apply for interconnection on behalf of
their residential and commercial clients.
As part of
its Clean Energy Commitment, conEd wants to make it possible for customers to
buy 100 percent clean electricity by 2040. Con Edison Inc. is the
second largest solar producer in North America and seventh largest in the world.
Approval of Green Stream Holdings' initial application with
conEd for Imlay street will facilitate the
opportunity to harness renewable energy for GSFI to then lease back
to the surrounding communities toward a sustainable, long-term
income stream, as it continues to position itself as an industry
leading lease-back utility company in the renewable energy
space.
Red Hook 160 LLC Imlay Street
Property $GSFI
160 Imlay
Street is a work/live property venture with Red Hook 160 LLC, a
privately-owned residential developer and owner of a
portfolio of residential apartment buildings in New York
City
$GSFI 160 Imlay Street Project
Aerial View
Green
Stream's initiatives for
160 Imlay include
implementation of a rooftop photovoltaic system providing at a
minimum of 300- 450 Kw of electric Photo Voltic Power, utilizing
approximately 1000-1440 panels, on approximately 22,000 square foot
space on the property. Green Stream Holdings, together with
Morali Architects as their joint venture partner
in this project, will design, erect, construct and install or
retrofit the property, increasing its value and reducing the
property's carbon footprint all the while.
$GSFI Photovoltaic
Rooftop
All 70
condos at Green Stream's
160 Imlay Street Project feature open layouts, wide plank oak
flooring, double-glazed windows, beautiful Manhattan skyline views,
custom oversized European doors, and beamed concrete ceilings at
soaring heights. Custom Bulthaup kitchens are outfitted with white matte
cabinetry and Miele appliances. Baths have Italian stone walls,
contemporary fixtures, and backlit mirrors. Select units have
private balconies, and an extraordinary triplex penthouse comes
with 1,270 square feet of private outdoor space. All residents can
enjoy such amenities as a landscaped roof deck, fitness center,
steam rooms and saunas, and storage.
$GSFI 160 IMLAY STREET IN BROOKLYN NEW
YORK
Shareholders—visit greenrainsolar.com. where you can view Green Stream's news,
filings and even a live Level 2 stream, along with other company
information.
About Green Stream Finance, Inc.:
Green Stream Finance, Inc., a
Wyoming-based corporation with satellite offices in Malibu, CA and
New York, NY, is focused on exploiting currently unmet markets in
the solar energy space, and is currently licensed in California,
Nevada, Arizona, Washington, New York, New Jersey, Massachusetts,
New Mexico, Colorado, Hawaii, and Canada. The Company's next-generation
solar greenhouses constructed and managed by Green
Rain Solar, LLC, a Nevada-based division, utilize proprietary
greenhouse technology and trademarked design developed by
world-renowned architect Mr. Antony Morali. The Company is currently
targeting high-growth solar market segments for its advanced solar
greenhouse and advanced solar battery products. The Company has a
growing footprint in the significantly underserved solar market in
New York City where it is targeting 50,000 to 100,000 square feet
of rooftop space for the installation of its solar panels. Green
Stream is looking to forge key partnership with major investment
groups, brokers, and private investors in order to capitalize on a
variety of unique investment opportunities in the commercial solar
energy markets. The Company is dedicated to becoming a major player
in this critical space. Through its innovative solar product
offerings and industry partnerships, the Company is well-positioned
to become a significant player in the solar
space.
Forward-Looking
Statements:
This press release contains
forward-looking information within the meaning of section 27A of
the Securities Act of 1933 and section 21E of the Securities
Exchange Act of 1934 and is subject to the safe harbor created by
those sections. This material contains statements about expected
future events and/or financial results that are forward-looking in
nature and subject to risks and uncertainties. That includes the
possibility that the business outlined in this press release cannot
be concluded for some reason. That could be as a result of
technical, installation, permitting or other problems that were not
anticipated. Such forward-looking statements by definition involve
risks, uncertainties and other factors, which may cause the actual
results, performance or achievements of Green Stream Finance, Inc.
to be materially different from the statements made herein. Except
for any obligation under the U.S. federal securities laws, Green
Stream Finance, Inc. undertakes no obligation to publicly update
any forward-looking statement as a result of new information,
future events or otherwise.
For All Inquiries
Contact:
president@greenstreamfinance.com
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