David Neden
Toronto, ON (CAN)
Role(s):
Founder/Owner/Principal
Neden & Associates
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Startup
Location:
Toronto
Industry:
Energy
Year Founded:
2003
Number Employees:
1-10 people
Description:
We have an order book for commercial solar hotwater installations awaiting financing. These orders are backed by 20 year Power Purchase Agreements.
Collateral is the solar installation. Typical customers are government buildings (5 projects with the City of Toronto), Hotels, Retirement homes etc. Installations have an average capital cost of $200 000 with up to 50% being paid by government grants.
This is micro-utility model opportunity for long term predictable returns.