Eden GeoPower

Regulation Crowdfunding offering on StartEngine

$22,597

of $1.07M goal

2.1% funded

About the offering

Eden GeoPower Inc. is revolutionizing the energy industry by combining renewable energy and blockchain to develop off-grid geothermal resources. The value created will be in the form of a security token built, designed, and distributed by Eden. Our strategy is to 1.) take advantage of the low-hanging fruit which is to use existing geothermal resources for energy production and 2.) support and develop future technologies for commercialization of “Enhanced Geothermal Systems”. Our company's goal is to be directly involved with the development of over 10 GW of renewable energy infrastructure over the next 30-years. Each geothermal power plant that we develop will be capable of producing up to 50 MW of renewable geothermal energy, for up to 30 years, and at a levelized cost of electricity (LCOE) below 5c/kWh. Eden GeoPower is the future of renewable geothermal energy production. In order to avoid transmission costs, Eden GeoPower aims to consume electricity on-site by targeting off-grid power consumers such as cryptocurrency mining. Future use cases for the off-grid powerplants we develop will include hydrogen production via electrolysis, and powering off-grid data centers. “3D Eden GeoPower Geothermal Power Plant Concept” Eden GeoPower is on a mission to promote, democratize and decentralize geothermal resources and their ownership To do so, Eden GeoPower will be financing each of its power plants’ capital investment through the digital issuance of a Special Purpose Vehicle (SPV). This digital SPV will take the form of a token, and will grant its holder (investor) ownership of a project, as well as recurrent dividends from that project’s net earnings.

FAQ

How much has Eden GeoPower raised?

Eden GeoPower has raised $22,597 of a $1.07M goal.

Where is Eden GeoPower's campaign listed?

The offering is listed on StartEngine, an SEC-registered Reg CF intermediary.

What are the terms of Eden GeoPower's raise?

Common Stock, $10M cap, $10.75/share.

When does Eden GeoPower's offering close?

The stated close date is May 27, 2019.