ABCO Energy, Inc. Announces Consulting Contract With Adamas Fund, LLC

ABCO Energy Will Issue 10 Year Bond

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Sep 24, 2015, 12:12 ET

TUCSON, Ariz., Sept. 24, 2015 /PRNewswire/ -- ABCO Energy, Inc. (OTCQB: ABCE), announced the signing of a consulting contract with Adamas Fund, LLC (AFL), a Chicago Based Investment Group, to create a Regulation 144A bond offering that will be sold to QIBs (qualified institutional buyers) with a minimum raise of $3,000,000 USD on a best efforts basis. The bond will be sold by several broker dealers globally and will be used in the implementation of ABCO's future growth plans and for future acquisitions. The ABCO bond will carry a low annual coupon rate with a 10 year maturity. Rule 144A Securities Act of 1933 provides a safe harbor from the registration requirements of the Securities Act of 1933 for certain private transactions of minimum $100,000 units of restricted securities to qualified investors which generally are large institutional investors that own at least $100 million in investable assets.

Adamas Fund, LLC offers financial consulting to micro, small to mid-sized private and public entities. It utilizes skilled and experienced attorneys, capital markets consultants and investor relations professionals which have assisted AFL in successful capital raises in various industries. Spiros Sinnis, managing partner of AFL stated. "We are excited to have an opportunity to collaborate with a promising company like ABCO Energy. The solar industry is growing at a rapid pace and we believe the company is at the forefront of that growth. He added, "Our firm has represented a multitude of small and micro-cap issuers in financing transactions and we believe that the contemplated bond offering is an attractive financing alternative for this growing company."

"We're delighted to be working with Adamas Fund, who have demonstrated their professionalism and experience in this area of investment activity. This form of financing is particularly attractive for us as it moves away from a strictly stock based investment vehicle, to a debt based instrument. With this offering we can benefit from current low-cost financing opportunities in the convertible market and we can secure attractive long-term financing that our Company needs. The funds raised will be used to expand our existing business including opening additional offices and the development of medium to large commercial solar projects which will be constructed by ABCO Energy. We intend that some projects will be fully or partially owned with partners such as AFL and their investors," stated Charles O'Dowd, CEO of ABCO Energy.

ABCO Energy, Inc. (OTCQB: ABCE), is an Arizona licensed contractor for sales and installation of Photovoltaic Solar Systems, installation of LED and energy conservation lighting systems and a provider of electrical services in their markets. ABCO has offices in Tucson, Phoenix and Flagstaff, Arizona. ABCO provides products and services to residential, commercial, government and non-profit entities in all of their markets. ABCO Energy can be visited at www.Abcosolar.com and OTCQB markets "ABCE"

Safe Harbor Statement

Note: Certain statements in this news release may contain "forward-looking" information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than the statements of fact, included in this release may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. ABCO undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.

SOURCE ABCO Energy, Inc.