View details of this raise on Seedstage

Minneapolis, MN

Advancing community solar and battery storage projects in Illinois.

• Community Solar Projects: Enterprise Energy is developing community solar projects in Illinois to enhance clean energy access.
• Battery Storage Integration: The projects include battery storage to improve grid resilience during high demand periods.
• Support for Low-Income Households: The initiative aims to provide savings for low to moderate-income subscribers compared to local utility rates.
• Experienced Developer: Enterprise Energy has a proven track record in delivering high-quality renewable assets.
• Minority-Owned Business: The company is a minority-owned renewable power developer based in Minnesota.

Enterprise Energy is advancing a portfolio of community solar and battery storage projects in Illinois. The company is utilizing issuer-level loans to cover early-stage needs such as site control, studies, permitting, and sponsor equity. These efforts aim to move projects for low to moderate-income households toward construction, offering potential bill savings and enhancing grid resilience. The Clean and Reliable Grid Act in Illinois seeks to expand clean energy, but early development steps can be challenging to finance due to traditional lenders entering later in the process.

This working-capital offering enables Enterprise Energy to fund early activities across its Illinois community solar and battery storage projects. The initiative aims to expand access for low to moderate-income subscribers by providing savings compared to local utility rates. Additionally, planned battery storage is expected to strengthen grid resilience by supporting stability during high demand periods. Enterprise Energy, a minority-owned renewable power developer based in Minnesota, has a track record of navigating complex energy markets to deliver high-quality renewable assets. The company is committed to energy equity, reliability, and environmental stewardship, building infrastructure that benefits both investors and the planet.

Company Info

Enterprise Energy develops community solar and battery storage projects, focusing on early-stage financing and grid resilience.

Enterprise Energy is a renewable power developer focused on advancing community solar and battery storage projects, particularly in Illinois. The company provides issuer-level loans to cover early-stage development needs such as site control, permitting, and sponsor equity. These efforts aim to facilitate the construction of solar projects that offer bill savings and enhance grid resilience, especially for low to moderate income households.

The company is committed to energy equity, reliability, and environmental stewardship, leveraging over a decade of industry experience. Enterprise Energy collaborates with Climatize to raise pre-development capital through Regulation Crowdfunding, enabling the progression of its solar project pipeline. The funds raised are used for various development-stage expenditures and are not secured by any specific project, relying instead on the issuer’s general credit and cash flows.