Boulder Techstars Company Wunder Launches Innovative Solar Investing Fund
BOULDER, Colo.--Today, Wunder, a Boulder Techstars Company, launched a first-of-its-kind solar fund that makes investing in solar projects easy, provides a strong seven percent annual return, and supports a clean, renewable power source.
The Wunder Fund opens the door for any accredited investor to create a diversified portfolio of revenue-generating solar assets. Since the private launch on October 7, investors have reserved $535,300 in The Wunder Fund of a planned $1 million in initial funding.
The U.S. solar market has grown more than 10x in the past four years. Goldman Sachs committed $40 billion to renewable energy sources, saying that the market is "compelling [and] at a transformational moment in time." In committing $30 billion, Warren Buffett of Berkshire Hathaway is "going to keep [investing] as far as the eye can see." Corporations including Google, Apple, and Walmart are pouring billions into solar.
"We know that investing in solar can provide strong returns, but most opportunities are only accessible to big investment institutions and corporations," said Bryan Birsic, co-founder and CEO of Wunder. "We set out to change that - to provide individual accredited investors with easy access to solar projects. The Wunder Fund is like nothing else on the market. For the first time ever, any investor can earn strong diversified returns while having a positive impact on our energy future."
At WunderCapital.com, investors reserve a spot in the fund, guaranteeing access to Wunder's proprietary deal flow. Wunder then surfaces the best investment opportunities from its 50+ solar installer partners, allowing investors to invest (or decline) on a per-project basis.
Wunder announced the fund at Boulder Techstars Demo Day. Wunder is the first solar company to receive investment from the prestigious Techstars incubator program.
Founded in 2014, Wunder makes it simple for any accredited investor to build a solar portfolio and reap the returns previously accessible to only the largest institutional investors and corporations. Wunder sources solar projects from its growing national network of installer partners, surfacing only the best investment opportunities to institutional and individual accredited investors. Located in Boulder, Colorado, Wunder is the first solar company to be backed by the prestigious Techstars incubator program. www.WunderCapital.com.