|
|
|
|
|
by kyle_t
4527 days ago
|
|
This is really, really cool and equally impressive. I can't imagine the amount of legwork that was involved with legislation and groundwork getting all parties involved interested. I don't see it stated anywhere so I'm assuming you are running this as a for-profit? Are you going to disclose your take? |
|
We are a for-profit, and believe that building a strong, scalable financial model is what it takes to transform a sector and fix what we see as a market that is structurally underserved by credit markets (small and medium scale energy efficiency projects).
We will be disclosing Spark's take through the investor disclosure documents. Each project will include a detail prospectus for each project that will lay out credit risk decisions, upfront schedule of lease repayments and investor yield (the delta of which is Spark's revenue).