View details of this raise on Seedstage

Raleigh, NC

Refinancing a completed solar project to fund future renewable energy developments.

• Operational Solar Project: The La Colombiere solar system is fully built and operational, generating revenue under a long-term PPA.
• Revenue Streams: The project earns from electricity sales and Maryland SRECs, ensuring steady cash flow.
• Future Project Development: Funds will support the development of additional community solar projects.
• Investor Protection: A Payment Reserve Account will be established to safeguard investor interests.
• Experienced Leadership: Green Bridge’s team has a strong background in clean energy project development and financing.

Green Bridge Corporation is utilizing this fundraising to refinance the construction of a 162.8 kW rooftop solar system at La Colombiere, a facility in Baltimore, Maryland. The project is already operational and generates revenue through a 25-year Power Purchase Agreement (PPA) with the Jesuit Community, as well as through the sale of Maryland solar renewable energy credits (SRECs). The funds raised will be used to return sponsor equity, establish a Payment Reserve Account for investor protection, and provide working capital for ongoing operations and future project development.

Green Bridge Corporation specializes in financing, managing, and overseeing small to mid-sized solar power projects in the U.S. commercial and industrial market. The company aims to standardize project development and management to ensure predictability for investors while promoting clean energy growth. With a history of executing over 80MW of projects with local partners, Green Bridge continues to expand its portfolio across various states, including Maryland, New York, Massachusetts, and Texas. The company is committed to delivering community-scale clean energy solutions and has a leadership team with extensive experience in project development, financing, and asset management.

Company Info

Green Bridge develops and manages solar power projects, focusing on the U.S. commercial and industrial market.

Green Bridge focuses on developing and managing small to mid-sized solar power projects in the U.S. commercial and industrial market. The company specializes in financing, overseeing, and ensuring the smooth operation of these projects, primarily generating revenue through long-term Power Purchase Agreements and the sale of renewable energy credits.

The La Colombiere solar project, located in Baltimore, Maryland, is a 162.8 kW rooftop solar system that is fully operational. It sells electricity under a 25-year contract with the Jesuit Community, with additional revenue from Maryland solar renewable energy credits. Green Bridge aims to use proceeds from refinancing this project to fund future solar developments while maintaining ownership and operation of the existing system.