PSM Solar MA 1 LLC Bond Details
U.S. citizens who qualify as “accredited investors” are eligible to purchase PSM Solar MA 1 LLC Bonds, which are are senior unsecured notes issued by PSM Solar MA 1 LLC (“Project Company”).
The Project Company was formed to develop, construct, and maintain a solar photovoltaic project and is managed by PSM Clean Energy. The aggregate proceeds from this offering of $1,100,000 will be used to fund part of a 720kW solar photovoltaic project hosted on the roof top of Acorn Deck House Company’s 150,000 square foot manufacturing facility in Acton, MA.
Each $10,000 bond is repaid via 40 equal quarterly payments, beginning on September 30, 2016.
The bonds are non-transferable for 5.5 years.
Offering Termination Date: December 31, 2015
Project Commissioning Date: on or before June 1, 2016
For more details, please see the Confidential Note Offering Memorandum.
How Will You Invest Your Capital?
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