Investors of all types can access cash yield
and tax benefits by investing in a portfolio of
electricity-generating solar projects.
SAN
FRANCISCO, July 11, 2024 /PRNewswire/ -- Plural
Energy, the on-chain investing platform powering the global
transition to clean energy, today announced its launch at the
Ethereum Community Conference in Brussels. The first asset to raise capital on
the platform, The Ace Portfolio, is live and available to anyone
interested in renewable energy investing.
Plural simplifies green energy financing to
help close the financing gap needed to meet 2050 climate
goals.
"The launch of our platform is the first step toward a future
where renewable energy projects can easily access the financing
they need for true environmental impact," said Adam Silver, Plural Energy Co-Founder and CEO.
"Now anyone, regardless of their net worth or background, can play
their part in creating a clean energy future by investing directly
in renewable energy projects."
About the Ace Portfolio
The Ace Portfolio gives Plural users the opportunity to invest
directly in operating solar projects built by Solaris Energy,
Inc., an experienced solar development, finance, and asset
management firm based in Fort Collins,
Colorado.
- Returns: The Ace Portfolio is projected to deliver up to
12% annual yield.1
- Tax Benefits: Up to 87.5% of investment available as a
loss to offset applicable income.2
- Impact: This portfolio spans 21 commercial-scale
solar installations across the United
States and has a capacity of 2.31MW.
"Despite the importance of smaller-scale renewable energy
projects in solving the climate crisis, fundraising has always been
a challenge in this financial environment," said Alex Blackmer, President & Founder of
Solaris. "We chose Plural because it simplifies the capital raising
process, ultimately creating a path towards the democratization of
solar finance where anyone can become a part of the green energy
revolution."
Built on Base
The on-chain direct investing experience
is built on the Coinbase incubated blockchain, Base,
one of the fastest-growing and most reliable blockchain
ecosystems.
"We knew we had to be incredibly intentional about where to
launch our first project," said Alex
Fong, Plural Co-Founder and Head of Product. "We chose Base
because of its low transaction costs, speed, and remarkable growth
over the last few months. "
ABOUT PLURAL ENERGY
Plural Energy is powering the
clean energy transition by enabling everyone, from fund and asset
managers to alternative retail investors to retirement savers, to
invest directly in the clean energy transition. Plural's
easy-to-navigate blockchain platform simplifies green energy
financing, expands access to a profitable asset class, and helps
close the 4 trillion dollar financing
gap needed to meet 2050 climate goals. Learn more at www.plural.xyz
.
Discussion of Solaris Renewable Equity A. Portfolio
offering is in preparation for the offering going live. At this
time: No money or other consideration is being solicited, and if
sent in response, will not be accepted. No offer to buy the
securities can be accepted, and no part of the purchase price can
be received until the offering statement is filed and only through
the platform of an intermediary (funding portal or
broker-dealer). A person's indication of interest includes no
obligation or commitment of any kind.
1Detailed financials can be found in the
Ace Portfolio Financial Model (click to download). The Ace
Portfolio model is provided as a tool and should not be considered
investment advice or a guarantee of returns. Investors are
encouraged to do their own research, analyze data for themselves,
and make informed investment decisions.
2All tax situations are different. Investors
should consult personal tax advisors.
MEDIA CONTACT:
Tess
Pawlisch
608-333-9788
tess@needlepr.com
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SOURCE Plural Energy