ESA

About the offering

Solar for Rosedale, MD is a rooftop community solar project developed by ESA (a founder-owned solar and storage developer) located in Rosedale, Maryland, within the Baltimore area. The project is a 983 kW installation sited on the rooftops of local small businesses that serve as anchors in Baltimore neighborhoods. Over 50% of the energy generated will be allocated to low- and moderate-income (LMI) customers in the Baltimore area at a 25% discount over a 20-year term through Maryland's community solar program. The investment funds domestic solar modules that have already been secured to 'Safe Harbor' the project, locking in a 40% federal tax credit. The project was also awarded a competitive $247,258 grant from the Maryland Energy Administration and will be constructed by a local Maryland workforce, with construction slated to begin in early 2027. ESA has transacted more than 8 GW of solar and storage projects nationwide, covering community solar, utility-scale, rooftop, and storage segments. The offering is structured as a debt instrument with a 9% annual interest rate, a 2-year term, a fundraising goal of $180,000, and a maximum raise of $196,000. As of the snapshot, $144,000 had been funded by 108 investors. The offering is hosted by Climatize Earth Securities, LLC via Regulation Crowdfunding.

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