Legends Solar – Buy operating solar panels on commercial solar farms
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Re: Legends Solar – Buy operating solar panels on commercial solar farms
#2Do these come from residential solar leases? does this count as commercial?
Re: Legends Solar – Buy operating solar panels on commercial solar farms
#3Do these come from residential solar leases? does this count as commercial?
These will be commercial and utility scale solar facilities. We may get into residential in the future!
Re: Legends Solar – Buy operating solar panels on commercial solar farms
#4Re: Legends Solar – Buy operating solar panels on commercial solar farms
#5Earlier quoted context omitted.
These will be commercial and utility scale solar facilities. We may get into residential in the future!
Will you be financing future farms, or does this only include existing farms?
For the time being, we are working with either newly operational or existing solar farms. Once we have a community of investors, a lot of doors will open in terms of the kinds of financings we'll be able to accommodate.
For the time being, we want to keep our investors our of construction risk and tell a super simple story through our design. More to come though.
Re: Legends Solar – Buy operating solar panels on commercial solar farms
#6Interesting product, I'm curious how the ongoing fees (operations and maintenace, etc.) are managed. Does the provider of the installation take a cut? Does Legends do the O&M?
Re: Legends Solar – Buy operating solar panels on commercial solar farms
#7I wonder if it will be possible to sell your stake after having bought some solar panels?
Also, will you be legally proprietary of said panels?
Re: Legends Solar – Buy operating solar panels on commercial solar farms
#8At the end of the day, it all comes down to ROI. If this had a good ROI, it probably already attracted enough investors without needing to create such a investment product. If not, then I might as well buy SP500.
Re: Legends Solar – Buy operating solar panels on commercial solar farms
#9Very cool concept, I can see a lot of people being interested in this. The site does a good job of simplifying things to make it very accessible as well. After poking around in the FAQ, I don't see anything about selling your investment if you want out. Once you "purchase" some panels/shares, how and where do you sell them? And how is the price of that sale determined? Look forward to learning more about this.
Re: Legends Solar – Buy operating solar panels on commercial solar farms
#10At the end of the day, it all comes down to ROI. If this had a good ROI, it probably already attracted enough investors without needing to create such a investment product. If not, then I might as well buy SP500.
ROI is only one factor - the other is risk. These are an interesting asset because, while they have some risk, that risk is at least partially decoupled from market risk. It could also be a hedge against energy prices rising (depends how the power purchase agreement is structured).