Wiser Capital Completes $1.25 Million Round Of Financing
SANTA BARBARA, Calif., Aug. 12, 2013 /PRNewswire/ -- Wiser Capital, an investment firm that enables new sources of capital to participate in the funding of financially attractive, stable and secure sources of renewable energy projects, has announced the completion of its first round of financing, receiving $1.25 million from private investors. This financing allows the firm to add the personnel and resources necessary to accelerate the platform's growth.
Wiser Capital launched the country's first online platform for efficiently sourcing, scoring and directly funding mid-scale commercial solar projects earlier this summer.
"The support we received from investors validates our vision to provide a destination to connect accredited investors with medium-scale commercial solar projects," said Nathan Homan, Managing Partner at Wiser Capital. "As our platform continues to grow, we are accelerating the demand for these projects and the associated jobs these opportunities create, at a time when sustainable energy projects are crucial to boosting the U.S. economy."
Wiser Capital's platform offers a secure, centralized marketplace connecting key stakeholders — energy investors, host facilities and photovoltaic (PV) systems integrators — in sustainable energy projects. The platform evaluates individual stakeholders and matches them with projects in development based on their specific qualifications and requirements, thus streamlining what has traditionally been a very inefficient and fragmented process. Wiser Capital adds credibility to every investment by actively managing and participating in every commercial PV project for which it sources funding.
In addition, on July 10, 2013, the Securities and Exchange Commission (SEC) announced that, in accordance with the Jumpstart Our Business Startups (JOBS) Act of 2012, it has lifted the ban on general solicitation and advertising for securities offerings. The end of this prohibition will make it easier for Wiser Capital to raise funds from strategic partners that share its vision.
"The vast amount of commercial PV projects in development across the country make this an ideal time for third-party investors to potentially harvest the healthy returns and tax savings associated with this asset class," said Mr. Homan. "Our platform gives investors the opportunity to tap this largely untapped space with security and confidence."
For media inquiries, please contact Kris Kagel at 973-850-7312 or firstname.lastname@example.org.
About Wiser Capital
Wiser Capital is an investment firm based in Santa Barbara, Calif., that enables new sources of qualifying capital to participate in the funding of financially attractive, stable and secure sources of renewable energy, with an innovative direct investment vehicle for third-party financed medium-scale commercial photovoltaic (PV) energy projects. Wiser Capital facilitates growth in this market through its deployment of a proprietary, web-based online platform that provides robust, transformative and disruptive tools to accommodate the sales, development and financing sectors of the industry. For more information, please visit www.wisercapital.com.
SOURCE Wiser Capital
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