Sun Fund is a Title III - Regulation Crowdfunding Campaign and is actively accepting investments.
$100.00 minimum investment

Sun Fund

Solar Energy – Vertically Integrated

Small OPO
Milford, CT
Environment
Accepting International Investment
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Pre-ICO Open to All Investors

Get Stock Plus Cryptocurrency SAFT

Your $100 investment = 10 shares + the SAFT


Sun Fund is a vertically integrated renewable energy company that develops and owns profitable solar projects.  Our projects generate predictable, long-term cash flows.  We target an annual 6% dividend on our preferred shares.


All investors participating in this offer receive both preferred equity shares and an additional Simple Agreement for Future Tokens (SAFT).


Sun Fund is a real-world company building revenue generating renewable energy assets that is also developing an Ethereum-based blockchain currency platform.  With the ability to implement smart contracts on a distributed ledger, the Sun Fund token will bring liquidity and a store of value for renewable energy assets while also helping to disintermediate global financial and energy markets.


As far as we know, we are more profitable than other renewable energy companies because we focus on the small and medium-scale commercial and industrial solar markets that have better margins and incentives.  For example, larger solar companies will construct a 20 megawatt solar plant and only get paid five or six cents per kilowatt of electricity generated.  Our projects are much smaller, but generate anywhere from 14 to 25 cents per kilowatt.

We have a pipeline of over 55 megawatts of projects so we plan to put your investment dollars to work generating revenue right away.


Sun Fund is also bringing renewable energy to Bitcoin and other coin mining operations to help make coin mining environmentally sustainable.


Before crowdfunding, companies like Sun Fund could only work with private investors. Now these investments are available to everyone.


We are inspired by the Toms Shoes One-to-One model but we are taking that further with our 250 to 1 model.  We will bring electricity to 250 families in the developing world who currently do not have electricity for every one megawatt of solar that we install in the United States.

Investment


$10/share of Series Seed Preferred Stock plus an additional SAFT (Simple Agreement for Future Tokens) for utility tokens issued by the company at the price sold in our anticipated ICO (Initial Coin Offering).


When you invest you are betting the company’s future value will exceed $51.07 million.


Future Utility Tokens

In connection with the purchase of the shares, Purchasers shall receive from the Company, if and when the Company has a future token generation event:

  • Investors will receive a number of tokens equal to the value of the investment amount.  These tokens are separate from and in addition to the Series Seed Preferred Stock that the purchaser will own in addition to the tokens. For example, an investment of $1,000 will entitle the investor to both their original $1,000 in Series Seed Preferred Stock and an additional $1,000 worth of tokens in accordance with the terms of the future token generation event. 

The tokens will vest and be delivered approximately 120 days after the official launch of the token generation event. The Company currently does not have a distributed ledger based business model nor a blockchain based utility token and there is no guarantee that such will be developed in the future. The promise of future tokens is contingent upon the successful development of such items.  There is no guarantee that successful development will ever occur.  The right to receive future tokens and the offering of future tokens is being offered as part of this offering exempt from registration under Regulation CF.  


Description of Future Utility Tokens.  The Company is including as part of this Offering the right to receive future utility tokens when and if the Company creates a business model and network based upon blockchain and distributed ledger technology. The utility tokens may be used within the network to purchase coin cloud mining contracts as well as energy credits or kilowatts produced by projects owned by the Company. The tokens may also be exchangeable upon crypto exchanges. The Company does not have expertise in this area and has no immediate plans to create a distributed ledger technology offering. Therefore, the rights offered and issued in connection with this offering are contingent upon the development of such technology. Investors in this offering should not plan on receiving such tokens and should not include any such future utility tokens as part of their investment decision. Any future utility token shall only have a use within a developed ecosystem and shall not be considered debt or equity in the Company.

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We are Sun Fund. Welcome to Solar 2.0.

Our Accomplishments

The Sun Fund management team has successfully developed over $70 million worth of projects since entering the solar sector in 2014. They have a proven track record in project development, financing, engineering, procurement and construction of solar projects.


Our experienced team leaders remain committed to promoting Sun Fund’s vision – the rapid deployment of solar energy in the United States and a strong commitment to helping families in the developing world gain access to clean, renewable energy.

Why Invest in Sun Fund? We Offer Socially Responsible Investing (SRI) with Robust Annual Dividend Payments


  • Sun Fund builds and owns solar projects using proven technology and keeps giving back to investors and the world.
  • Your investment in Sun Fund offers stable annual returns and is low risk.
  • Our experienced team has succeeded with a solar investment model that works for the investor. 
  • Your investment in Sun Fund earns income primarily from long-term contracts with very stable electric utility companies.
  • Our experienced team leaders remain committed to promoting Sun Fund’s vision – the rapid deployment of solar energy in the United States and a strong commitment to helping families in the developing world gain access to clean, renewable energy.

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Sun Fund targets the most profitable segments of the American solar market

Check out some projects the Sun Fund team has built...

Join the new American energy revolution!

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We believe Sun Fund is positioned better than competitors to succeed in our target market segments.

We built a proven solar business model that is Solar 2.0. Our team’s efficiency has a track record of success in solar development, finance, project management and the operation of solar assets.

In the NorthEast region, Sun Fund invests in community solar and small utility-scale solar projects, as well as solar for affordable housing, commercial and industrial properties. These market segments are the most profitable areas of solar investment.


Focus on Industrial Solar Projects

Efficient Engineering

Solar Installation Expertise

Affordable Housing Experience

Sun Fund originates, develops, finances, builds, operates and owns solar projects in US markets. Your investment in Sun Fund is an investment in stable annual returns and lower risk. Sun Fund builds and operates solar projects using proven technologies.

Investing in Sun Fund is the smart choice for your renewable investment dollar. Our experienced management team is executing a proven business model centered on building renewable energy assets with long-term power purchase agreements.  We internalize solar tax credits and depreciation, which reduces our corporate tax liabilities and supports higher dividend payments for investors.


The Sun Fund team has over 55 megawatts of solar projects currently under development, with 1.5 megawatts of projects coming online in 2017, Sun Fund is positioned to quickly scale up and build market share while maintaining high net operating income through a vertically-integrated business model. 


Why Sun Fund's Model is Best in Class


  • We are vertically integrated, which improves profitability.
  • We originate our own projects, which reduces costs.
  • We have expertise in solar finance and tax equity structuring.
  • We are experts in solar debt financing.
  • Our project managers are highly efficient.
  • Our solar portfolio will grow each year - and that means value creation for investors.
  • Future upside from planned IPO.
  • Crowdfunding will drive Fintech value.

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Focusing on the most profitable segments of the American solar market.

As the US solar market continues to grow, Sun Fund’s investors will benefit from lowering costs for projects and increasing demand for electricity. Your Sun Fund investment will be deployed into projects mainly in the Northeastern United States where electricity costs are higher. That means better returns for Sun Fund investors. In the Northeast region, Sun Fund invests in community solar and small utility-scale solar projects, as well as solar for affordable housing, commercial and industrial properties. These market segments are the most profitable areas of solar investment.

Vertical Integration & Profitable Market Segments

Sun Fund is aggressively efficient, finding savings in all phases of the project and throughout the entire solar project life cycle.  We’ve proven our business model and management team in millions in projects already. We have 55 megawatts of projects ready to build with your investment, in the most profitable solar markets in the country.  And we internalize solar tax credits and depreciation, which shields corporate net income and supports higher dividend payments.

Earn 6% - Fight Climate Change - Bring Solar to People in Need

Your investment in Sun Fund will provide you with an attractive and stable dividend while you help America and the world fight climate change.


We are inspired by the Toms Shoes One-to-One model but we are looking to take that further with our 250 to 1 model.  We will bring electricity to 250 families in the developing world who currently do not have electricity for every one megawatt of solar that we install in the United States.

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Best In Class Vertical Integration Model

In the Press

Blumenthal & Ganim Honor Michael Licamele
November 5, 2016

Senator Richard Blumenthal (D-CT) honored Sun Fund's president, Michal Licamele, for his work in renewable energy and affordable housing.

Benefitting from Higher Energy Costs
May 15, 2015

Profile of a 600 kilowatt installation by the Sun Fund team.

Upping the Wattage
May 7, 2017

Article quoting founder Michael Licamele whose team is one of four bidders offering to bring community solar power to Connecticut through a Shared Clean Energy Pilot Program.

Offering Summary

Maximum 107,000 shares of series seed preferred stock & SAFT ($1,070,000)

Minimum 1,000 shares of series seed preferred stock & SAFT ($10,000)


Company
Sun Fund Renewables, Inc.
 

Corporate Address
185 Plains Road, Suite 100E, Milford, CT 06461
 

Description of Business
Sun Fund develops, constructs, owns and operates solar power systems.
 

Type of Security Offered
Series Seed Preferred Stock (convertible to common with cumulative 6% preferred return)
 &
Simple Agreement for Future Tokens (SAFT)
 
Purchase Price of Security Offered
$10 per share (and equal value of future utility tokens)
 

Minimum Investment Amount (per investor) 
$100












Future Utility Tokens

In connection with the purchase of the shares, Purchasers shall receive from the Company, if and when the Company has a future token generation event:

  • Investors will receive a number of tokens equal to the value of the investment amount.  For example, an investment of $1,000 will entitle the investor to $1,000 worth of tokens in accordance with the terms of the future token generation event.

The tokens will vest and be delivered approximately 120 days after the official launch of the token generation event. The Company currently does not have a distributed ledger based business model nor a blockchain based utility token and there is no guarantee that such will be developed in the future. The promise of future tokens is contingent upon the successful development of such items.  There is no guarantee that successful development will ever occur.

The right to receive future tokens and the offering of future tokens is being offered as part of this offering exempt from registration under Regulation CF.  

Description of Future Utility Tokens.  The Company is including as part of this Offering the right to receive future utility tokens when and if the Company creates a business model and network based upon blockchain and distributed ledger technology.  The utility tokens may be used within the network to purchase energy credits and kilowatts produced by projects owned by the Company.  The tokens may also be exchangeable upon crypto exchanges.   The Company does not have expertise in this area and has no immediate plans to create a distributed ledger technology offering.  Therefore, the rights offered and issued in connection with this offering are contingent upon the development of such technology.  Investors in this offering should not plan on receiving such tokens and should not include any such future utility tokens as part of their investment decision.  Any future utility token shall only have a use within a developed ecosystem and shall not be considered debt or equity in the Company.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments made to companies affiliates of issuer; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes.

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Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
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Cash And Cash Equivalents
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Accounts Receivable
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Short Term Debt
$0.00 USD
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Long Term Debt
$0.00 USD
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Revenues And Sales
$0.00 USD
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Costs Of Goods Sold
$0.00 USD
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Taxes Paid
$0.00 USD
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Net Income
$0.00 USD
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Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Sun Fund Releases White Paper on Digital Currency and Blockchain Technology Solutions

5 days ago

We are pleased to announce the release of our whitepaper detailing our the road map for the release of our digital currency and blockchain technology solution.  We believe that this technology will help us best reach our solar energy goals.

Please download the Sun Fund whitepaper here or go to our web site at www.SunFund.io/index.php/white-paper.

We appreciate your feedback and comments.

Thank you.

Michael Licamele

CEO

Amending our Securities Offering

15 days ago

Hello! Recently, a change was made to the Sun Fund offering. Here's an excerpt describing the specifics of that change:


Extending campaign by 60 days


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.

Updated: Meet the Sun Fund team in Fairfield, Connecticut on Thursday, December 21 at 7pm

about 1 month ago

*UPDATE*: Reminder there is still room to attend our seminar tomorrow - we have 25 people already signed up to attend and we are looking forward to a great turnout and event.  For those who cannot make it, we will post the video after the event.  *UPDATE*

Meet Sun Fund CEO Michael Licamele and Senior Vice President Scott Licamele in person at 7pm Thursday, December 21 at:

Fairfield Public Library
1080 Old Post Road
Fairfield, CT 06824
http://fairfieldpubliclibrary.org/

We will provide an overview of what is happening with bitcoin, cryptocurrency, ICOs and blockchain technology to help investors better understand this new technology.

We will be also be speaking briefly about the planned roll out of our digital currency and we will be available for questions afterward.

The event is free.

We had a great turnout of over 40 people at our New York presentation last week and look forward to another informative event.

The Sun Fund Team on Site at 74kw Solar Facility in Milford, Connecticut

about 1 month ago

Sun Fund works with affordable housing providers like HUD's Milford Housing Authority in Milford, Connecticut to bring renewable energy at a 30% savings to current grid costs.  See Sun Fund vice-president Scott Licamele on site: 

https://www.youtube.com/watch?v=EkKIT5yFZSM


Meet the Sun Fund team in New York City Thursday, December 7 at 7pm

about 2 months ago

Meet Sun Fund CEO Michael Licamele and Senior Vice President Scott Licamele in person at "Blockchain and Bitcoin Explained" with Tristan Thoma 7pm Thursday, December 7 at:

WeWork
575 5th Avenue
New York, NY 10016

We will be speaking briefly about the planned roll out of our digital currency and we will be available for questions afterward.

See web site for details and to register:

https://www.eventbrite.com/e/blockchain-bitcoin-explained-in-depth-tickets-39836957412

Tickets are $50, but Sun Fund will reimburse the cost for any investors or followers who would like to attend, because we would like to meet our backers!

Sun Fund Obtains Final CT PURA Approval to Develop 2.4 Megawatt Connecticut Community Solar Facility

about 2 months ago

Sun Fund is pleased to announce that the company has received final approval to develop, build, own and operate a 2.4 megawatt community solar facility to be located in Thompson, Connecticut.  The project was one of three selected by the Connecticut Department of Energy and Environmental Protection (DEEP) in a competitive bid earlier this year.  The project obtained final approval from the Connecticut Public Utility Regulatory Authority (PURA) on November 8, 2017 (see link below).

Sun Fund created a separate entity CHIP Fund 5, LLC to place the bid that was selected for the project which is called the Riverside Thompson Clean Energy Facility.  This 2.4 megawatt solar facility will generate over 2.8 megawatts of AC power annually.  Under the award, Sun Fund will be able to provide up to 600 families with clean energy while cutting their monthly bill by 20 to 30%.  80% of system production will be dedicated to low income renters who need these savings the most.

Sun Fund will operate the program under a special tariff created by the utilities specifically for this pilot program.  The 20 year tariff establishes a guaranteed rate the utilities will provide to the new Sun Fund facility.  The facility is projected to be placed into service in 2018 and will generate over $4.2 million in revenues during the 20 year tariff term.

To view the final PURA Sun Fund/CHIP Fund 5 approval, click here.


Day 8 Update - Thank you!

about 2 months ago

Thank you to our first group of investors who brought us right through our minimum offering threshold over the Thanksgiving weekend.

We look forward to announcing Sun Fund's first solar project later this week.


Michael Licamele

CEO

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