Strathmore is a town on the outskirts of Calgary. They are continually growing and developing the local economy, however they are constantly in the shadow of Calgary.
This project will put Strathmore at the forefront of innovation and economic development as this will be the first floating solar project in Canada, and one of the largest in North America.
The surrounding land in Strathmore is crucial for economic growth and development. Solar farms take up hundreds of acres, so how can Strthmore become fully renewable, without using valuable real estate?
Energycostsaver Inc. has proposed to float the solar system on the contaminated ponds of Strathmore.
These are ponds that serve no purpose and are not fit for recreational use.
Energycostsaver Inc has partnered up with a floatation company called Layfield, based out of Edmonton Alberta.
This installation would generate nearly 4 MW of energy for strathmore and it would positively impact Strathmores potential for economic growth.
If you qualify as an accredited investor, you may be eligibleto deduct 100% of your investment from your taxable income
With the agreed upon purchase from Strathmore and after utilizing the tax write-offs, the estimated return for each investor is 24%
Strathmore will purchase the project in 2 years time, after construction, from the investors at an agreed upon price
Restricted to Accredited Investors Only
Participation in the Solar Flow-Through Funds offerings is restricted to Accredited Investors only, as defined by the securities laws of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Nova Scotia, New Brunswick and Newfoundland.
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