ABCO Energy, Inc, (OTC PINK: ABCE) August 7, 2017, Tucson, Arizona, announced today that it commenced a Regulation D offering for a $5,000,000 solar financing fund and filed the appropriate documents with the SEC. The Company is now ready to begin marketing this fund and has Blue Sky registered the offering in Arizona, California, Nevada and Colorado. ABCO plans on registering the offering in several more states in the next few weeks.
Alternative Energy Solar Fund #1, LLC (AESF or the Fund) is an Arizona Limited Liability Company formed as a subsidiary of ABCO Energy, Inc. AESF will solicit investors in order to finance the acquisition of solar projects with the intent to own upwards of $5,000,000 worth of projects to be built by our ABCO Solar construction division. Most of these projects will be located in the Southwestern States
The AESF Offering
The Fund offers sophisticated investors the opportunity to participate in a strategic solar investment in the ownership of projects installed on commercial, industrial, residential, non-profit and governmental buildings and land to be developed or acquired for the Fund.
“AESF and ABCO have identified several solar projects that it intends to place under contract for development which are intended to provide long term investment cash returns and significant short-term tax benefits to tax equity investors. These projects are currently available for transferring into the Fund. AESF has also solicited and found several projects that have become available from non-affiliated developers that would become investment candidates for the Fund. The Fund is currently seeking Investors and projects”, says Charles O’Dowd, President of ABCO Energy and AESF.
Safe Harbor Statement
Note: Certain statements in this news release may contain “forward-looking” information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-5 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than the statements of fact, included in this press release may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. ABCO undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.
Charles O’Dowd, President
2100 N. Wilmot Road, Suite 211
Tucson, AZ 85712