S.P.F.
Summit Power Fund, LLC
A Utility-Scale Solar Development Opportunity
Target Market | Expected Acreage | Carbon Displaced Annually | US Homes Powered | Jobs Created |
---|---|---|---|---|
Mountain West | 4500 | 675,000 Tones | 240,000 Houses | 100+ Good Paying Jobs |
Fund Performance
• 20% – 40% IRR Projection
• $50,000 Minimum Investment
• 5 Year Investment Period
Opportunity Description
Summit Power Fund (S.P.F.) brought to you by Shasta Power is a new joint utility scale solar and battery storage development effort between Clean USA Power, Base Energy and Coyote Worx, the successful team from the Angeles Summit 200MW solar project. Building on the resounding success of Angeles Summit, Solar Power Fund is scaling up development targeting 10 sites across the mountain west of the US with the goal of bringing three 200 MW Solar+Storage projects to market by 2026.
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Angeles Summit Solar Development Fund
Expected Price/acre | Expected Acreage | Carbon Displaced Annually | US Homes Powered | Jobs Created |
---|---|---|---|---|
~ | ~1500 | 225,000 Tones | 80,000 Houses | 35+ Good Paying Jobs |
Fund Performance
• 150% – 300% IRR (dependent on late vs. early investment)
• $50,000 Minimum Investment
• 5 Year Investment Period
Opportunity Description
Angeles Summit is a 200 megawatt AC solar energy generating and battery storage facility. The project will use best in class bifacial solar modules mounted on a single axis tracking system. The development will include a 400 megawatt hour lithium ion battery storage component. The development has a target operation date in late 2023