STOCK TITAN

Green Stream Holdings' Nationally Recognized Solar Engineering to Provide a 4th Feasibility Study for Multi Meg Solar Farms

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Green Stream Holdings Inc. (GSFI) announced successful agreements for three solar project sites, with expected revenues exceeding $87 million over their lifespan. The company has engaged KMB Design Group to conduct feasibility studies and engineering for these solar farms in New York. The first two surveys have been completed, and a 25-year lease has been signed for one location. The announcement includes plans for a fourth solar farm, further expanding GSFI's footprint in the solar energy market.

Positive
  • Agreements signed for three solar project sites with expected revenues exceeding $87 million.
  • Engagement of KMB Design Group for feasibility studies and engineering, enhancing project credibility.
  • Completion of initial surveys for two solar farm locations and signing of a 25-year lease.
Negative
  • None.

Recently announced projects for three sites have agreements signed; revenues are expected to exceed $87 million over the life of these projects.

NEW YORK, NY / ACCESSWIRE / August 3, 2021 / Green Stream Holdings Inc. (OTC PINK:GSFI) ("the Company") (https://greensolarutility.com), an emerging leader in the solar utility and finance space, today, has announced the survey for a 4th feasibility study in addition to the three previously announced sites with total project revenues expected to exceed $87 million over the life of these current projects.

The Company previously announced in July that they engaged with KMB, a nationally known, full service engineering solutions provider with extensive international expertise in the solar renewable energy field providing photovoltaic design and engineering services, to assist Green Stream Holdings to install three ground-mount solar farms. Today's announcement has added an additional solar farm to the company's projects.

The company also previously announced that survey for the first of the four locations was completed last week for 312 Cornish Hill Road, Cooperstown, N.Y., and the second 37 acre site in Hadley, N.Y. is now also complete and the owner has signed a 25 year lease for the property. The third location is…… and the fourth location is at Carll's Path - Deer Park, NY.

KMB was initially hired to conduct solar feasibility studies for three separate locations in the State of New York. Each site is 37 acres. 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.

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.

About Chuck's Vintage:

Chuck's Vintage, a division, provides its clients access to historical fashion accessories, garments and complete ensembles from a bygone era. In these times of uncertainty, and ever-changing conditions, , Chuck's Vintage is doing its best to provide clients with a consistent white glove experience. Come to Chuck's for the denim, but stick around and complete your look with the founder's sampling of vintage American workwear: rugged military and work boots, buttery leather bomber jackets, and soft, perfectly worn-in vintage 70's rock tees. Classic American Cool.

Chuck's Vintage was founded by GSFI former CEO Madeline Cammarata (fka Madeline Harmon), who hailed from an illustrious background in fashion. Her career began as a fashion model, where she was soon discovered by the iconic and provocative fashion photographer Helmet Newton, launching Cammarata to the runways of Europe. Returning to the US, Madeline found a powerful niche in the high fashion world of denim, where she was instrumental in providing fabric development for powerful brands like 7 For All Mankind and provided thousands of pieces to celebrity and business elites from Steve Jobs to Morrisey and everywhere in between.

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:
+1 (424) 280-4096
president@greenstreamfinance.com
Website: greensolarutility.com
Instagram: chucksvintage original
Phone number: (646) 669-7007

SOURCE: Green Stream Holdings Inc.



View source version on accesswire.com:
https://www.accesswire.com/658109/Green-Stream-Holdings-Nationally-Recognized-Solar-Engineering-to-Provide-a-4th-Feasibility-Study-for-Multi-Meg-Solar-Farms

FAQ

What is the expected revenue from Green Stream Holdings' new solar projects?

Green Stream Holdings expects revenues to exceed $87 million from their current solar projects.

Who is conducting the feasibility studies for GSFI's solar projects?

The feasibility studies are being conducted by KMB Design Group.

How many solar project sites has GSFI signed agreements for?

GSFI has signed agreements for three solar project sites and is planning a fourth.

What is the duration of the lease signed for one of GSFI's solar farm locations?

A 25-year lease has been signed for one of the solar farm locations.

GREEN STREAM HOLDINGS

OTC:GSFI

GSFI Rankings

GSFI Latest News

GSFI Stock Data

654.18k
6.51B
0.56%
Utilities - Renewable
Utilities
Link
United States of America
Sheridan