Project Summary
To refinance the portfolio of residential solar photovoltaic projects belonging to GetSolar or its subsidiary.
About The Issuer
Founded in 2020, GetSolar is now one of the most prominent residential solar companies in Singapore supported by investors including ENGIE Group, one of the world's largest renewable energy companies.
GetSolar operates an asset light development model but is transitioning to an on-balance sheet funding and growth model.
Getsolar Assetco A Pte Ltd, a fully-owned subsidiary of Getsolar, will be the token issuer for this project.
Settlement Currency: USD
Investment Period: 24 months
Target Return: 8.85% per annum (Monthly interest and principal repayment in arrears)
Use of Proceeds: To refinance the portfolio of residential solar photovoltaic projects belonging to GetSolar or its subsidiary
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