Co-Power, a new Ontario based startup, has plans to offer a green bond in February 2016, based in part on renewable power generation. The company says” “Our simple Green Bond helps you earn strong returns, diversify your investment portfolio and build more clean energy in communities across North America.” The company is interested in investments in solar energy, geothermal heating and cooling, and energy efficiency.
It says, “We think you don’t have to trade returns away to invest for impact. We only finance projects where we feel strongly that the return and environmental impact of the project meets our expectations, while the risks can be understood, managed and contained. We use investment processes and risk mitigation tools that are standard in large infrastructure deals, such as strong security agreements, warranties, rights-of-way and insurance contracts, to make sure that you can feel comfortable investing in clean energy.”
On January 11, the Responsible Investment Association (RIA) welcomed CoPower as an RIA Supporting Member. Deb Abbey, CEO of the RIA, said, “CoPower is playing a role in the delivery of new investment products that will support the transition to a green economy. We look forward to working with CoPower to advance responsible and impact investing in Canada.”
For more information, see https://copower.me/en/.