CoPower operates an online investment platform that finances community-scale clean energy projects such as LED lighting retrofits and geothermal heating and cooling for homes. Its core product is the Green Bond, a retail-investable instrument that allows participation with a $5,000 minimum and offers up to 5% interest annually. Green Bonds are distributed through CoPower’s online platform and select financial advisors and brokerages. To date, CoPower has raised over $12 million in loans for community clean-energy projects. The company recently completed a $2 million equity financing round to scale its investment platform. Management says the proceeds will help the company serve clients and advance its vision of providing simple financial products that deliver solid returns while financing the clean energy economy. CoPower is a Canadian clean energy investment platform that enables retail investors to finance clean energy infrastructure through Green Bonds and related green investment products. Its core model uses a revolving credit facility to make senior, secured loans to a portfolio of clean energy projects; proceeds from retail Green Bond sales are then used to purchase that loan portfolio. The company planned to issue a $20 million Green Bond on March 1 and reported $10 million in assets under management. CoPower's stated mission is to empower Canadians to participate in and profit from the transition to a clean energy future and to make impact investing accessible. The firm relies on impact investors and foundations to seed and expand its credit facility, which is designed to be revolved multiple times to mobilize more capital and broaden retail access.

Total raised

$3M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2017