Andes Capital

This funding platform is operated by
Andes Capital Group, LLC

Two Rivers

Investor login

profile

Two Rivers Project

Regulation: CF  

Two Rivers is a utility-scale solar project in Georgia currently under development by Solariant Capital.

Funded Aug 29, 2024

Early investors get bonus rewards.

Top reasons to invest

  • Direct access to solar project ownership
  • Acceleration of renewable energy deployment
  • Experienced developer
  • Diversification to your portfolio
Offering details
Overview
Project details
Documents
FAQ
Updates2
Discussion
Complete your investment
and get up to 20% additional units!

The exact number of bonus units will be calculated based on your investment commitment, and will be confirmed once the investment process is complete.

Please note the bonus tier structure* may be lowered if your investment tier crosses to another threshold.

5%

Previous Investor Bonus: All investors in New River Solar will receive an additional 5% bonus on their base investment.

Offering terms

Regulation

Reg CF

Minimum investment

$250

Type of security

Crowdfunding Vehicle Units

Offering type

Equity

Price per unit

$1.00

Funding goal

$1,235,000

Project summary

  • Technology

    PV

    • 80MWac / 100MWdc Photovoltaic Solar on single-axis trackers
    • Site: 750 acres in Camden County, Georgia
    • Generation: 200,174 MWh in the first year
  • Carbon offset

    156,000 Tons

    • Annual carbon offset: more than 156,000 tons of CO2
    • Equivalent to over 30,400 cars taken off the road or
    • Equivalent to over 14,700 homes powered
  • Project status

    Under development

    • Began development: Q4 2021
    • Expected completion (exit/sale**): Q4 2025 (in 18-21 months)
    • Completed: Site control and title search, feasibility studies, system impact study, site design and preliminary engineering, utility grid interconnection application
    • In Process: Permitting, detailed engineering, offtake agreement, utility Facilities Study and Interconnection Agreement, EPC and O&M agreements

What am I investing in?

Step 1

Find and invest in a clean energy project

You will own a % of the development project based on how much you invest.

Step 2

Two Rivers uses the funds to complete the development stage

The goal is to get the project ready to be sold within 1-3 years**.

Step 3

Project get listed for sale**

If the project is sold, you'll receive a proportional share of the net capital after expenses and liabilities.

Step 4

Celebrate your Green Impact

Investing brings the world one step closer to a future powered by renewables.

** The sale or exit of the project cannot be guaranteed and if there is a sale or exit, a price cannot be guaranteed as several factors such as but not limited to market, economic conditions, and availability of buyers may affect the ability to exit the project.

More about the solar industry

How investing in solar projects works

Solar energy projects require funding, planning and preparation to become solar plants. Investors (like you) help to fund the project and may receive proceeds from the sale once completed.
A developer, like Solariant Capital, handles the planning and preparation process and sells** the project to its long-term owner.
One of the biggest advantages of having an experienced developer is that they understand the process and risks associated with the project.

Solariant Capital, our parent company, has over 10 years in experience successfully developing Solar Energy Projects.
Top reasons to invest
  • Direct access to solar project ownershipDirect access to solar project ownership

    investors will own shares or units of solar projects in the U.S., an asset class traditionally reserved for institutional, accredited investors and private equity funds.

  • Direct access to solar project ownershipAcceleration of renewable energy deployment

    the speed of renewable energy deployment is critical in effectively combating global climate change. By providing access to a wider pool of development capital, developers are empowered to pursue an increased number of renewable energy projects.

  • Direct access to solar project ownershipExperienced developer

    Solariant Capital is an experienced renewable energy developer with more than 10 years of renewable energy project development experience.

  • Direct access to solar project ownershipDiversification to your portfolio

    provides potential diversification benefits to your portfolio.

Introducing: Two Rivers Solar Project

The Two Rivers Solar Project is located in Camden County, Georgia.
This project will provide clean electricity to Georgia’s electric grid and add a new power supply to the area.
Learn more about Two Rivers
Click the plus sign for project details
display Learn more
  • Battery energy storage connected to Two Rivers can harnesses excess solar energy generation efficiently and offers resiliency during disruptions in supply and demand for electricity.
  • Georgia’s primary source of electricity is natural gas, presenting a prime opportunity to replace and supplement GHG-intensive power generation.
  • The Two Rivers Solar Project is currently in the utility interconnection queue for approval in Georgia with an expected construction start date in Q2 2026.
  • The Two Rivers Solar Project’s proximity to the point of interconnection with the grid should translate into reasonable facility and network upgrade requirements. These upgrades are the cost of interconnecting with the grid and typically represent a major cost variable for power plants.
  • Transmission studies in the area previously showed ample available capacity for the grid to accommodate the Two Rivers Solar Project.
  • The development, future operation, and maintenance of the Two Rivers Solar project is an investment in the local community and provides impactful opportunities for economic development, tax revenue, and job creation across multiple sectors.

Georgia solar market

Solar energy only accounts for 3.03% of Georgia's electricity generation, indicating a lot of space for growth.

    Quick facts about Georgia's renewable market

  • Georgia is currently ranked 9th in the U.S. with approximately 2,668 MW in total installed capacity.
  • Southern Company aims for 14 GW of renewables by 2024 (goal is to cut carbon emissions 50% by 2030).
  • In its July 2019 IRP, Georgia Power says it will grow its renewable generation to 5,390MW by 2024 and increase the company's total renewable capacity to 22% of its portfolio.
  • Between two 2024 RFPs, Georgia Power expects to procure a total of 2,000+ MW at of new generation resources to meet growing demand.

* This Offering involves a bonus structure based on the timing of an investment relative to the remaining number of units for sale. Bonus Crowdfunding Units will be distributed to investors based on tiers:

  • Tier 1: Individuals who purchase units in this Offering until 370,500 units are sold will receive one (1) additional unit for every five (5) units purchased.
  • Tier 2: Individuals who purchase units in this Offering after 370,500 units have been sold, until 741,000 units are sold, will receive one (1) additional unit for every ten (10) units purchased.
  • Tier 3: Individuals who purchase units in this Offering after 741,000 units have been sold, until 988,000 units are sold, will receive one (1) additional unit for every 20 units purchased.
  • Prior Investor Bonus: Investors who participated in the New River Solar, LLC Regulation CF offering will receive an additional 5% bonus on their base investment, in addition to any other bonus tiers.

** The sale or exit of the project cannot be guaranteed and if there is a sale or exit, a price cannot be guaranteed as several factors such as but not limited to market, economic conditions, and availability of buyers may affect the ability to exit the project.

About the team

  • Daniel Kim

    Managing Director

  • Kevin Kohlstedt

    Head of U.S. Renewables Development

  • Sachin Verma

    Assistant Director of Development

  • Eric Kang

    Director of Finance

  • Leesa Nayudu

    VP of Power Marketing

  • Jacob Wilson

    Assistant Director of Engineering

Project development budget

Development Start Date:March, 2019

Project development status

Solariant Capital team members are successful, experienced project managers and developers that can effectively manage and develop projects.

This project is 54%completed
  • IN-PROGRESS
    Site Control and Feasibility
  • IN-PROGRESS
    Interconnection
  • IN-PROGRESS
    Natural Resource Studies
  • IN-PROGRESS
    Preliminary Engineering
  • IN-PROGRESS
    Power Marketing
  • IN-PROGRESS
    Permitting
  • IN-PROGRESS
    Detail Engineering/Constructability
  • The project’s current status is outlined in the TRC report. For a detailed breakdown you can download the document .

Project timeline

** The sale or exit of the project cannot be guaranteed and if there is a sale or exit, a price cannot be guaranteed as several factors such as but not limited to market, economic conditions, and availability of buyers may affect the ability to exit the project.

Documents

Form C Offering Document

TRC (Third-Party) Technical Due Diligence Report

Frequently asked questions

What are Investment Limits for Reg CF funds?

Anyone can invest in a Regulation Crowdfunding offering. Because of the risks involved with this type of investing, however, you may be limited in how much you can invest during any 12-month period in these transactions. If you are an accredited investor (see definition below), then there are no limits on how much you can invest.

For Non-Accredited Investors (most fall into this category) the limitation on how much you can invest depends on your net worth and annual income.

If either your annual income or your net worth is less than $124,000, then during any 12-month period, you can invest up to the greater of either $2,500 or 5% of the greater of your annual income or net worth.

If both your annual income and your net worth are equal to or more than $124,000, then during any 12-month period, you can invest up to 10% of annual income or net worth, whichever is greater, but not to exceed $124,000.

What is an Accredited Investor?

How does the online investment process work for this Reg CF opportunity?

How long can this take?

Who is Andes Capital Group?

How does Andes Capital Group get compensated?

Am I now a customer of Andes Capital Group?

Why do I give information such as DOB, SSN, Driver’s License or Passport Details, Annual Income or Net Worth?

Where can I direct questions about the Issuer to get additional information?

Where can I direct additional questions about the investment application and process?

Updates

  • Aug 29, 2024

    Aug 29, 2024Two Rivers offering is successfully funded!

  • June 6, 2024

    June 6, 2024Two Rivers offering is now live!

Discussion

Please note that all comments submitted to this discussion will undergo a review process before being displayed publicly. Our compliance team will review each comment to ensure it aligns with our community guidelines and standards.