GridShare Launches Crowdfunding Platform for Renewable Energy Projects & Cleantech Companies

GridShare LLC has announced the launch of an independent crowdfunding platform to help renewable energy projects and cleantech companies raise capital. The much anticipated website is expected to be a game-changer for the alternative energy industry.

GridShare is a unique online platform where renewable energy project developers and cleantech companies from around the world post their funding needs. Potential investors can peruse investment opportunities in a variety of renewable energy sectors, including: solar, wind, geothermal, and biogas. The site will also host micro-hydro projects, green building initiatives, and cleantech companies that are raising funds to develop alternative energy technologies or expand their existing green businesses.

There are three different types of investment opportunities offered on GridShare: debt, equity, and donations. Accredited investors (i.e., high net-worth individuals) can browse projects online, read pertinent information about the venture, and then pledge funding in exchange for equity or interest. Non-accredited investors can donate (without equity) in any project or company that offers this option. As soon as the JOBS Act is finalized, all users will be able to invest freely for equity online.

Raising money for renewable energy projects has been a huge impediment for the industry.  With GridShare’s help, project developers and cleantech ventures will now be able to raise much needed capital to push the industry forward.

Posting a project on GridShare is free and easy. Just login, click on “post” and fill out the online form. Once the GridShare team approves the project, it will be published online. Investors will then have the opportunity to review the project details, and pledge their financial support online. The offeror (or their attorney) then contacts the investor to arrange payment and finalize investment terms.

The company earns a nominal commission from the offeror whenever a user invests in a renewable energy project or cleantech company through the platform. GridShare also offers optional services for users that prefer to sell securities through a registered broker/dealer, conduct legal transactions under the guidance of an experienced law firm, and make the most of their posting with the help of a marketing professional.

GridShare LLC
www.gridshare.com