Show HN: I quit my job to help communities fund energy efficiency upgrades

Re:Show HN: I quit my job to help communities fund energy ef... by kyle_t on Monday January 20, 2014 @04:06PM (#7091738)

This is really, really cool and equally impressive. I can't imagine the amount of legwork that was involved with legislation and groundwork getting all parties involved interested.

I don't see it stated anywhere so I'm assuming you are running this as a for-profit? Are you going to disclose your take?

[ Parent | on HN ]

Re:Show HN: I quit my job to help communities fund energy ef... by plafarge on Monday January 20, 2014 @04:17PM (#7091806)

Thanks! We're incredibly excited to be in full launch mode, and can't wait to have our beta platform and pilot projects available over the coming months.

We are a for-profit, and believe that building a strong, scalable financial model is what it takes to transform a sector and fix what we see as a market that is structurally underserved by credit markets (small and medium scale energy efficiency projects).

We will be disclosing Spark's take through the investor disclosure documents. Each project will include a detail prospectus for each project that will lay out credit risk decisions, upfront schedule of lease repayments and investor yield (the delta of which is Spark's revenue).

[ Parent | on HN ]