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102 kW on an Affordable Housing Complex in San Bruno, CA

Complete with a glorious, sun-filled atrium, this affordable housing project in San Bruno is designed to ensure that low-income seniors enjoy their golden years. Recognized with the “Best Senior Affordable Housing” award for its innovative green building design, this community is as eco-friendly as it is beautiful. A wide array of activities, an accessible location and convenient transportation services ensure maximum freedom for the residents. This solar project is estimated to produce enough clean energy to avoid the carbon equivalent of taking 20 cars off the road.

4.5%
Expected Investor Yield
109
Month Term
100%
Funded
225
Investors
$0
Available
$92,250
Total Amount
FUNDED! This project has reached its investment goal.

Project ID: 5

View Prospectus

Size (in kW): 102
Estimated Annual Output: 140,000 kWh
Number of Panels: 400  
Panel Type(s): Canadian Solar  
Panel Warranty (yrs): 25  
Inverter Type: PV Powered  
Inverter Warranty (yrs): 10  
Interconnection Date: February 1, 2012  
Name: Affordable Housing Owner
Location: San Bruno, CA  
Type of Solar Customer: Business
Year Founded: 2005  
Contract Type: Solar Lease
Revenues: See Prospectus  
Assets: See Prospectus  
Liabilities: See Prospectus  
Name: See Prospectus  
State of Incorporation: California  
Year of Incorporation: 2010  
Loan Type: Term  
Loan Term: 109 months
Loan Payment Schedule: Monthly
Loan Interest Rate: 5.50%
Revenue Sources: PPA
Debt Service Coverage Ratio: 1.25x
Estimated Homes powered in one year: 11
Estimated Pounds of CO2 avoided per year: 215,833
Estimated Square Feet of solar created: 7,548
Payment Number Transaction Date Total Paid Interest Principal
1 Feb-21-2013 $685.71 $421.61 $264.1
2 Mar-21-2013 $711.34 $420.4 $290.94
3 Apr-29-2013 $1,081.08 $394.24 $686.84
4 May-22-2013 $843 $417.12 $425.88
5 Jun-21-2013 $843 $415.17 $427.83
6 Jul-22-2013 $1,501.31 $413.21 $1,088.1
7 Aug-21-2013 $1,501.31 $408.22 $1,093.09
8 Sep-23-2013 $1,501.31 $403.21 $1,098.1
9 Oct-21-2013 $843 $398.18 $444.82
10 Nov-21-2013 $843 $396.14 $446.86
11 Dec-21-2013 $843 $394.09 $448.91
12 Jan-21-2014 $711.34 $392.03 $319.31
13 Feb-21-2014 $711.34 $390.57 $320.77
14 Mar-21-2014 $737.8 $389.1 $348.7