Impact OZ Fund has launched and seeks accredited investors for opportunity zone investment in sustainable energy technologies. Authorized to raise $50 million, the fund enables investors to take advantage of one of the best capital gains tax reduction programs of our generation.
“While most current OZ funds are centered around real estate projects, ours is different. The fund’s primary objective is to invest into an operating company called SolPad,” said Oliver Carmichael, fund manager, Impact OZ Fund. “SolPad, Inc. is an energy logistics company designing, developing and selling unique energy control and storage solutions for the commercial market.”
SolPad’s current product suite consists of a patented solar smart inverter, scalable battery storage blocks, a dynamic load controller that helps reduce operating costs of homes and businesses, while providing more safety and maximizing resiliency during power outages. The hardware suite is designed and optimiz