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To see the real-time Power and Revenue generated by each of GRECO's current solar projects, click on the links to be taken to the monitoring sites:

Contact Us at GRECO if you have any questions

Current GRECo Solar Bonds

In 2015, members of GRECo purchased community bonds for GRECo’s Airpark & Silvercreek projects. These bonds secured $185,000 in co-op equity, which allowed GRECo to leverage the $1.5 million in partners and financing required for the two rooftop projects.

 

In these two projects: 

  • GRECo controls 51%.

  • The co-operative generates income to pay 37 community bond holders a solid return on their $5,000 bonds.

  • Bonds have a 20-year term (option to transfer the bond after 5 years).

  • 5% of the bond principal is paid back annually each year starting at the end of year one. 

  • Average return on outstanding principal: 7.26%.  

 

The bonds will pay the following interest on the outstanding principal balance:

  • Years 1 through 5 - 5.0%

  • Years 6 through 10 - 7.5%

  • Years 11 through 15 - 10.0%

  • Years 16 through 20 - 12.5%

 

For more details on the GRECo co-operative model for community financing used for the Airpark & SIlvercreek projects in 2015, please download the GRECo Solar Community Bond Investment Guide 2015, below.

PLEASE NOTE: the community bonds for the Airpark & Silvercreek projects are fully subscribed, and sold out.  Stay tuned for further offers. 

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If you'd like to be notified when our next bond offering is released, please join our mailing list, and indicate that you'd like to be notified when membership re-opens. Our bonds can only be purchased by GRECo members.

GRECo Solar Community Bond

Investment Guide 2015

Current Solar Bonds