New Haven Community Solar offering is now closed and is no longer accepting investments.

INVEST IN NEW HAVEN COMMUNITY SOLAR TODAY!

Clean Cheap Power for Low-Income Housing

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
New Haven Community Solar

$40,278.00 Raised

REASONS TO INVEST

ABOUT

HEADQUARTERS

206 Elm St. PO Box 203882
New Haven, CT 06511
VALUATION

$8k

TEAM

Franz Hochstrasser
Franz Hochstrasser
CEO, Manager, & Co-Founder

Prior to attending the Yale School of Forestry and Environmental Studies, Franz served 8 years in the Obama Administration, and is dedicated to fighting climate change. Most recently he served as Senior Advisor to the Special Envoy for Climate Change at the U.S. Department of State, working on the team that successfully negotiated the Paris Agreement. Prior to that, he was Deputy Associate Director at the White House Council of Environmental Quality working on energy, environment and climate policy and public engagement; and a Confidential Assistant and Legislative Analyst at the U.S. Department of Agriculture working on conservation, energy, food security, science policy and open data. He also worked on both of Barack Obama’s Presidential campaigns in 2008 and 2012. Franz holds a Bachelor of Arts in Linguistics and a Bachelor of Arts in Politics from the University of California, Santa Cruz. When Franz isn’t busy battling climate change he enjoys painting, soccer, and songwriting. ---- Last 3 years employment: 9/2014-7/2016: Special Assistant to the Special Envoy for Climate Change, US Department of State (The U.S. Department of State is a department of the U.S. Government) 7/2016-1/2017: Senior Advisor to the Special Envoy for Climate Change, US Department of State (The U.S. Department of State is a department of the U.S. Government) 1/2017-Present: Teaching and Research Assistant, and Student, Yale University (Yale University is an academic Institution) 7/2018-Present: Founding Member and Chief Executive Officer, New Haven Community Solar, LLC. This is a part-time position and Franz allocates approximately 15 hours per week. Franz works part-time for approximately 15 hours per week for Yale University as a Research Assistant and Teaching assistant. His primary position is a student.

Matt Moroney
Matt Moroney
COO, Manager, & Co-Founder

Matt is passionate about using data-driven insights to drive innovation that increases sustainability and equity. His recent research has focused on the relationship between consumer credit card spending and air pollution. Before obtaining a master’s in environmental management from the Yale School of Forestry and Environmental Studies, Matt obtained a Bachelors of Environmental Science with a Chemistry minor at Western Washington University. Afterwards, he spent four years investigating contaminated sites and assisting permitting for new data centers. Matt studies the flow of materials in society and ways to replace them using green chemistry and systems thinking, as well as technologies that will alter the way we live and work. In his “down” time Matt loves to go skiing, cycling, and listening to the freshest jams. ---- Last 3 years employment: 4/2012 - 6/2014 - Staff Scientist at Landau Associates Inc (Landau Associates is an environmental engineering consulting firm based in the Pacific Northwest) 6/2014 - 1/2016 - Senior Staff Scientist at Landau Associates Inc (Landau Associates is an environmental engineering consulting firm based in the Pacific Northwest) 6/2017-8/2017 - Intern at Metabolic (Metabolic is a venture building and circular economy consulting firm based in Amsterdam, NL) 8/2016-8/2018 - Research Assistant at Yale University (Yale University is an academic institution) 7/2018-Present: Founding Member and Chief Operating Officer, New Haven Community Solar, LLC. This is a part-time position and Matt allocates approximately 15 hours per week. This is his primary position. Matt works part-time for approximately 5 hours per week as a Research Assistant at Yale University.

Kwasi Ansu
Kwasi Ansu
CMO, Manager, & Co-Founder

Kwasi comes from a background of international development and natural resource management. He is devoted to developing and implementing integrated data-driven community-based solutions that increase equity and resilience. Kwasi is also a recent graduate from the Yale School of Forestry and Environmental Studies Master’s program, where his research focused largely around smallholder-driven supply chains, and crafting certification and responsible sourcing strategies within them. Bringing ten years of international development experience, Kwasi has worked in Ghana, Nigeria, Liberia, Tanzania, Madagascar, South Africa, and Indonesia; each grappling with similar and yet incredibly unique challenges to attaining a sustainable future. He received a Bachelor of Arts degree in Sociology from Wesleyan University where he also played football and lacrosse. In his free time Kwasi enjoys playing video games and hitting the beach. Last 3 years of employment: 2/2013-7/2016: Program Specialist, Pact (Pact is an International Development non-Profit) 7/2016-5/2018: Student, Yale University (Yale University is an academic institution) 7/2018-Present: Founding Member and Chief Marketing Officer, New Haven Community Solar, LLC. This is a part-time position and Kwasi allocates approximately 15 hours per week.

TERMS

New Haven Community Solar
Overview
PRICE PER SHARE
$3
DEADLINE
Jan 15, 2019
VALUATION
$8k
AMOUNT RAISED
$40,278.00
Breakdown
MIN INVESTMENT
$300.00
MAX INVESTMENT
$106,998.00
MIN NUMBER OF SHARES OFFERED
3,333
OFFERING TYPE
Equity
ASSET TYPE
SHARES OFFERED
MAX NUMBER OF SHARES OFFERED
35,666

Maximum Number of Shares Offered subject to adjustment for bonus shares

Maximum 35,666 Non-Voting Member Units ($106,998)

Minimum 3,333 Non-Voting Member Units ($9,999)


Company
New Haven Community Solar, LLC
 

Corporate Address
206 Elm St, PO Box 203882, New Haven, CT
 

Description of Business
New Haven Community Solar (NHCS) is financing a 9.24 kW community solar project located in New Haven, Connecticut which plans to provide cheap renewable energy for residents of a house built as part the Jim Vlock Building Project.
 

Type of Security Offered
Non-Voting Member Units (the "Securities")
 
Purchase Price of Security Offered
$3
 

Minimum Investment Amount (per investor) 
$300












PERKS*

$999 — If you invest $999, you will receive a piece of commemorative swag.

$1,998 — If you invest $1,998, you will receive a piece of commemorative swag, and you will be invited
to the Columbus House open house day when the project is completed!


*All perks occur after the offering is completed

Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds outside of the short-term debt obligation noted above. The Company may use some of the proceeds to repay the related party short-term debt note detailed above, at the discretion of the managers. The company will however use all of its proceeds to further the sustainable development of the Columbus House, the people it serves and the building of trust and knowledge in community solar, improved air quality, and better public health, well-being and wealth.

PRESS

Article Image
Construction Starts On New Vlock Home

An update of initial stages of the 2018 Jim Vlock Building Project.

ALL UPDATES

01.10.19

Interconnection Update: Approval to Install Received

Great news! We have received approval from the local utility, United Illuminating, to install the solar array on the Button Street house. This is the first step toward connecting the project to the grid, and allows us to proceed with installation later this month.

11.15.18

Notice of Material Change in Offering

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the New Haven Community Solar offering. Here's an excerpt describing the specifics of the change:


Issuer has made material updates to their offering which includes but is not limited to use of proceeds, risk factors, deadline date, and the description of business.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

10.16.18

Solar Panels Installation Set for January

New Haven Community Solar has signed a contract with Sunlight Solar Energy - a solar installer with over 30 years of experience, 3,000 installs, and a 10-year workmanship warranty. The panels will be installed on Button Street in January 2019. 

10.15.18

Power Purchase Agreement Signed!

We are delighted to announce that the power purchase agreement providing contracted cash flows for the next 20 years has now been signed with Columbus House! The contract includes a 8.59 cents/kWh price with a 2.8% annual escalator built in. We will have additional updates to the campaign in the coming days.

JOIN THE DISCUSSION













0/2500

HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

WHY STARTENGINE?

REWARDS

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SECURE

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RAISED
$40,278.00
INVESTORS
31
MIN INVEST
$300.00
VALUATION
$8k

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