Green Stream Holdings, Inc. Has Entered Into An LOI To Provide The Necessary Financing For All Faiths Cemetery Solar Facility Project
Green Stream Holdings Inc. (OTC PINK:GSFI) has entered a multi-million-dollar LOI to finance the All Faiths Cemetery Solar Facility Project, covering equipment and installation costs. The project has been approved by the NYC Department of Buildings for compliance with zoning and construction regulations. The company will collaborate with KMB Design Group, an established engineering provider with experience in over 1,000 solar projects, to develop a work plan for the installation. This partnership aims to capitalize on the growing demand for solar energy solutions in New York City.
- Multi-million-dollar financing for All Faiths Cemetery Solar Facility Project.
- Approval from NYC Department of Buildings ensures compliance with regulations.
- Collaboration with KMB Design Group enhances project credibility and expertise.
- None.
•The multi-million-dollar deal is being financed by Green Stream Holdings, Inc. to cover equipment and installation costs, has been approved by The New York City (NYC) Department of Buildings for compliance with all applicable zoning and construction regulations •Company Is utilizing KMB Design Group, A Full Service Engineering Solutions Provider That Has Provided Designs And Engineering Services For Over 1,000 Projects Nationwide With Over 1,500 MW Of Solar Designed
NEW YORK, NY, June 06, 2022 (GLOBE NEWSWIRE) -- Green Stream Holdings Inc. (OTC PINK:GSFI) ("the Company") (https://greensolarutility.com), an emerging leader in the solar utility and finance space, which previously announced that it has re-engaged a nationally known a full service engineering solutions provider with extensive international expertise in the solar renewable energy field providing photovoltaic design and engineering services, to assist the Company in installing additional ground-mount solar farms, today announced that it has entered into an LOI to provide The necessary financing for All Faiths Cemetary Solar Facility Project. The multi-million-dollar deal is being financed by Green Stream Holdings, Inc. to cover equipment and installation costs, has been approved by The New York City (NYC) Department of Buildings for compliance with all applicable zoning and construction regulations.
KMB will provide the necessary work plan. The Company has also entered into an LOI to provide the necessary financing.
The Company previously contracted with KMB in order to have them conduct solar feasibility studies in NY for the Company.
Their study will determine the most efficient configuration for the arrays, estimated production matters, Utility interconnect feasibility & process, as well as to identify any potential incentive programs.
KMB is a full service engineering solutions provider that has provided designs and engineering services for over 1,000 projects and 1,500 MW for a wide range of solar installations from small scale to large scale. KMB Design Group is at the forefront of the escalating solar industry, and is considered a leading consulting firm in the renewable energy field providing photovoltaic design and engineering services. Licensed in 50 states. They have the ability to work nationally without limitations.
About KMB Design Group
KMB Design Group, LLC was founded by a team of seasoned professionals who have been working together for over 15 years. We are a service engineering solutions provider licensed in all 50 states of the United States and in Europe. We take a systematic approach to developing comprehensive solutions for our clients; guiding projects from conception through site acquisition, engineering and construction. Our extensive experience in the engineering and telecommunications industries provide a great foundation for a successful design firm. KMB’s focus on technology and continuous improvement enables the firm to keep up with the latest innovations and provide state-of-the-art design solutions for our clients. KMB currently provides designs and engineering services for over 1,000 projects and 1,500 MW nationwide for a wide-ranging size of solar installations. For more information, please visit: https://www.kmbdg.com or https://www.kmbdg.com/services/solar-engineering/
About Green Stream Finance, Inc.
Green Stream Finance, Inc., a solar utility and finance company with satellite offices in Malibu, CA and New York, NY, is focused on exploiting currently unmet markets in the solar energy space, and is currently licensed in California, Nevada, Arizona, Washington, New York, New Jersey, Massachusetts, New Mexico, Colorado, Hawaii, and Canada. The Company's next-generation solar greenhouses constructed and managed by Green Rain Solar, LLC, a Nevada-based division, utilize proprietary greenhouse technology and trademarked design developed by world-renowned architect Mr. Antony Morali. The Company is currently targeting high-growth solar market segments for its advanced solar greenhouse and advanced solar battery products. The Company has a growing footprint in the significantly underserved solar market in New York City, where it is targeting 50,000 to 100,000 square feet of rooftop space for the installation of its solar panels. Green Stream is looking to forge key partnership with major investment groups, brokers, and private investors in order to capitalize on a variety of unique investment opportunities in the commercial solar energy markets. The Company is dedicated to becoming a major player in this critical space. Through its innovative solar product offerings and industry partnerships, the Company is well-positioned to become a significant player in the solar space.
Forward-Looking Statements:
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Green Stream Finance, Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, Green Stream Finance, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
For All Inquiries Contact:
president@greenstreamfinance.com
Website: greensolarutility.com
SOURCE: Green Stream Holdings Inc.
FAQ
What is the purpose of the deal announced by Green Stream Holdings Inc. on June 6, 2022?
Who is KMB Design Group in relation to Green Stream Holdings Inc.?
What has Green Stream Holdings Inc. achieved with the NYC Department of Buildings?
What is the significance of the LOI entered by Green Stream Holdings Inc.?
How does KMB Design Group contribute to the All Faiths Cemetery Solar Facility Project?
