Scotian Wind Inc. Scotian Wind Green Bonds
Product Details
Product Name: Scotian Wind Green Bonds
Overview: These 5 year bonds pay 7% interest quarterly to accredited investors, charities and corporations. We pay 1% of the annual gross revenues of our limited partnership to local communities across Nova Scotia where our 20 wind turbines are located. This amounts to $185,000 per year that is paid to 12 different not-for-profit organizations in rural communities. These organizations determine how the funds will be allocated as determined by committees of local volunteers who know the needs of their community.
Issues Focused: Affordable and Clean Energy, Sustainable Cities and Communities, Climate Action
Asset Class: Private Debt
Geography: Nova Scotia
Impact Measurement
IRIS 4.0 Social Impact Objectives: Access to Energy, Access to Financial Services, Capacity Building, Community Development, Generate Funds for Charitable Giving, Income/Productivity Growth
IRIS 4.0 Environmental Impact Objectives: Energy and Fuel Efficiency, Natural Resources Conservation, Sustainable Energy, Sustainable Land Use
IRIS 4.0 Targets: Children (<10 years old), Adolescents (10-18 years old), Adults (>18 years old), Elderly/older adults, Persons with Disabilities, Minority/previously excluded populations, Women, Pregnant Women, Other At-Risk populations
Impact Evidence Type: Output Data: Report a selection of relevant investee outputs consistent with impact goals.
Scotian Wind Inc.

Last updated by Scotian Wind Inc. on 05 Nov 07:06

Investment Details
Legal Structure: Secured Debt
Product Stage: Not Specified
Part of Series: First
Investment Availability: Open
Minimum Investment: $50,000
Investor Eligibility: Institutional Investors, Foundations/Endowments, Accredited Investors
Assets Under Management: $5M < AUM < $20M
Average Management Fees %:
Average Performance Expectations: 4% ≤ Expectations ≤ 8%
Performance To Date: Above Expectations