Thursday October 9, 2014 0 comments
BOULDER - Wunder, a Boulder Techstars company, today launched a first-of-its-kind solar fund that it said makes investing in solar projects easy, offers a "strong seven percent return," and supports a clean, renewable power source.
The company said the Wunder Fund opens the door to any accredited investor to create a diversified portfolio of revenue-generating solar assets. Since its private launch on Oct. 7, investors have reserved $535,000 in the fund of a planned $1 million in initial funding.
"We know that investing in solar can provide strong returns, but most opportunities are only accessible to big investment institutions and corporations," said Bryan Birsic, Wunder co-founder and CEO.
"We set out to change that, to provide individual accredited investors with easy access to solar projects. The Wunder Fund is like nothing else on the market. For the first time ever, any investor can earn strong diversified returns while having a positive impact on our energy future."
At WunderCapital.com, investors reserve a spot on the fund, guaranteeing access to Wunder's proprietary deal flow. Wunder then surfaces the best investment opportunities from its 50-plus solar installer partners, allowing investors to invest on a per-project basis.
Wunder made the announcement at today's Boulder Techstars Demo Day and is the first solar company to receive investment from the Techstars incubator program.