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Solarstream rasies EIIS Funds for its Fully Funded Solar systems

 13 Nov 2020

Irish Crowd Funding platform GreenCrowd.ie are actively funding a private placement under the EIIS Tax Relief Scheme for Solarstream.ie offering 40% Tax Relief on the Investment.

Solarstream.ie, a Carlow based Rooftop PV Solar Commercial Installed, established in 2018 and now employing ten full time staff with a range of solar installations across Ireland. Solarstream has developed its own portfolio of roof top solar systems that it offers to customers under a fully funded solution.

The business previously raised  €1.3m  under  EIIS  and  is  now   raising  a  further   €1m  this   year  in a  final  fundraising round . It will  use  these  funds  to   further invest in a  range of residential   and commercial  pv solar  solar systems   and expand  employment.  The business was  established  by  CEO  Paul  Browne in 2018   

‘The  business   has  a proven  track record;   and  this  offers  a  Solid Asset Backed investment  Opportunity in a sector  with   Proven Technology and  Predictable performance returns. Investors  can expect to  receive  a  Projected Net Cashflow €25,000 for a €50,000 investment  inclusive of the tax relief’  commented  Barry    Parker – Commercial Director  as Solarstream .

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