Offering Terms
- Investment Goal: $1,380,000
- Minimum Investment: $10
- Annual Interest Rate: 9%
- Term: 7 Years, Quarterly Repayments
- Available Until: April 8, 2025 (may close early)
A New EV Charging Hub in San Juan Bautista
San Juan Bautista, a small city with a rich history, is stepping into the future with the Windmill Market EV Hub. Located along Highway 156, this project will fill a critical gap in EV charging stations between Silicon Valley and the Central Valley, making travel more convenient for EV drivers who currently face limited charging options.
Positioned within the Windmill Market shopping center, the hub not only provides fast chargers but also gives visitors access to restaurants, coffee shops, and groceries during their charging sessions. This strategic location aligns with the city’s ambitious vision to achieve 100% clean energy use, reinforcing its commitment to electrification and reduced emissions.
The Windmill Market EV Hub is expected to contribute to environmental goals by reducing CO₂ emissions by 6,850 tons annually. This is equivalent to 700,000 gallons of gasoline avoided per year!
This projection aligns with both local and statewide efforts toward zero-emission vehicles and sustainable infrastructure. This Windmill Market EV Hub marks a meaningful step toward creating a cleaner and more sustainable future for the region.
Meet the Team
The project is spearheaded by Mynt Systems, a forward-thinking development, engineering, and construction firm with over 100 years of combined expertise in energy efficiency, solar, and project management. Mynt’s mission is to make commercial properties more sustainable while creating new income streams and enhancing tenant satisfaction.
Their deep knowledge of clean energy solutions and successful track record ensures the Windmill Market EV Hub will meet its ambitious goals, making a meaningful impact on the community and environment.
Financial Information
The investment opportunity is structured as a Construction Plus Term Loan over a total period of up to 7 years, with an annual interest rate of 9% per annum.
- Construction Period: During the construction phase (up to 2 years), quarterly interest-only payments equal to 4% annually will be made. Unpaid interest will be added to the principal balance.
- Post-Construction Term: Upon completion of construction and receipt of a $500,000 EnergIIZE grant, the loan converts into a 5-year term loan amortized over 10 years. Principal and interest payments of 9% per annum will be made quarterly.
To find an example of how the disbursements could look for a $10,000 investment check the project summary here.
The loan is backed by the EnergIIZE grant, investment tax credits, and project assets, providing additional financial security.
Join the Movement
The Windmill Market EV Hub is more than an investment opportunity—it’s a step toward a sustainable future.
Financial Disclosure
Content is based entirely upon Mynt Systems’s representations. Prior results do not guarantee future success. It’s important to note that investing in renewable energy projects through crowdfunding carries financial risks and may not be suitable for everyone. As with any investment, there is a possibility that you may lose some or all of the money you invest. It’s important to note that this article should not be considered investment advice. The information provided is for informational purposes only and is not intended to recommend or endorse any particular investment strategy. The information provided in this article is for informational purposes only and should not be considered financial or investment advice. It’s crucial to do your own research and consult with a financial advisor or professional before making any investment decisions, especially when investing in renewable energy projects through crowdfunding, which carries financial risks and may not be suitable for everyone.
Copyright@ Climatize Earth Inc 2023.