What has been missing in the energy efficiency industry is akin to what is allowing solar to take off now. There has been no ability to create investments, which can be re-bundled and sold to investors down the line. We've now solved this problem.
Bedford Hills, N.Y. (PRWEB) March 26, 2014
WHAT: Joule Energy Reduction Assets Fund Manager Mike Gordon will host an online webinar open to accredited investors to outline new investment opportunities in the $100M fund.
WHEN: Wednesday, April 23, 2014 at 2 p.m. EDT.
WHY: The Fund enables access to the previously closed energy reductions assets market, comprising revenues generated from global demand response and energy efficiency programs. “What has been missing in the energy efficiency industry is akin to what is allowing solar to take off now,” said Mike Gordon. “There has been no ability to create investments, which can be re-bundled and sold to investors down the line. We’ve now solved this problem—and can combine lower risk returns with high upside opportunities.”
WHO SHOULD ATTEND: All accredited investors interested in investing in a high-return energy efficiency market
About the Fund Managers:
Mike Gordon and Dennis Quinn have outstanding track records of achieving consistent returns on energy efficiency and demand response-based investments. As founder of ConsumerPowerline (acquired by Constellation New Energy), Mike Gordon managed 1GW of energy reduction assets, earning investors substantial returns and distributing $100M to participating commercial customers. Dennis Quinn, co-founder of Celerity Energy, led his firm to achieve substantial returns over the three years of ownership, prior to Celerity’s acquisition by EnerNOC.
Places for this webinar are capped—early registration is encouraged. Interested parties should reserve their place here.
Investment opportunities for the ERA Fund are identified and vetted by Joule Assets. Investors may receive returns based on project yields as well as additional cash values of the projects that are identified by Joule Assets. For disclosures, see the following: http://www.jouleassets.com/legal-information.
To receive general information about the Joule Energy Reduction Assets Fund, sign up here.
Legends and Disclosures
- The ERA Fund’s securities may be sold only to accredited investors, which for natural persons, are investors who meet certain minimum annual income or net worth thresholds. In general, an accredited investor is a person (i) whose net worth (excluding his/her primary residence) exceeds $1 million, or (ii) whose income has exceeded $200,000 ($300,000 with his or her spouse) for the previous two years and is reasonably expected to exceed that level for the current year. Entities such as trusts, LLCs or corporations will be required to meet separate standards to be deemed an accredited investor. Prospective investors will be required to provide evidence that they are “accredited investors.”
- Performance data represents past performance. Past performance does not guarantee future results. Current performance may be higher or lower than the performance data presented. The Fund is not required by law to follow any standard methodology when calculating and representing performance data. The performance of the Fund may not be directly comparable with the performance of other private or registered funds. For current performance data, please contact us through our website at http://www.jouleassets.com.
- Fees and expenses have not been deducted from the performance data relating to the prior experience of the principals of Joule Assets Inc. and, if they had, performance may be lower than presented.
- Securities in our funds are being offered in reliance on an exemption from the registration requirements of the Securities Act of 1933 (the “Securities Act”) and are not required to comply with specific disclosure requirements that apply to registration under the Securities Act. The Securities and Exchange Commission has not passed on the merits of or given its approval to our securities, the terms of the offering, or the accuracy or completeness of any offering materials. Securities in our funds are subject to legal restrictions on transfer and resale, and investors should not assume they will be able to resell their securities. Investing in securities involves risk, and investors should be able to bear the loss of their investment. Securities offered are not subject to the protections of the Investment Company Act of 1940, as amended.
About Joule Assets
Joule Assets delivers financing solutions backed by performance insurance for energy efficiency (EE) and demand response (DR) initiatives and projects. We create Energy Reduction Assets (ERA) by integrating simple financing and insurance options with untapped revenue streams from our market analysis software tools like ERA-DR. Leveraging our proprietary database, software and extensive industry expertise, our mission is to expand commerce and reduce barriers in these complicated markets by creating transparency and providing financing solutions.