Issuers / SolarShare / 2025 Solar Bonds
SolarShare 2025 Solar Bonds
TREC SolarShare Co-operative (No. 1) Inc. · Ontario co-operative
Not Rated No credit classification assigned
Statement dated September 1, 2025 · Valid until May 31, 2026 as stated in the document. This date is not a live sale status.
Terms at a glance
Statement p. 1
Statement pp. 58, 63–64
Statement pp. 64–65
Board may set a class minimum · p. 68
Direct holdings · pp. 62–64
Statement pp. 66–67
The offering statement sets authorized terms and amounts. It does not establish that every class was issued or that the full amount was raised.
What the issuer says it supports
SolarShare describes community ownership of renewable electricity and says surplus after its obligations would support further projects and education. Source: pp. 1, 16 and 42.
This is the issuer’s description in its dated statement; Impact Bonds has not independently measured the outcomes.
Business and stated use of proceeds
The statement reports 51 operating solar projects and describes contracted electricity sales. Source: pp. 1, 25–40.
The statement says proceeds will primarily refinance maturing debt, including Solar Bonds, and may also finance new solar or related electric services. The $18 million is an authorization, not confirmed sales. Source: p. 1.
Security as disclosed
The statement describes bondholder security over identified assets and senior project lenders ahead of bonds in some entities. Ranking depends on the borrower and pledged asset. Source: pp. 50, 58–65 and Schedule B.
The appended Schedule E contains audited 2024 financial statements; Schedule F contains June 2025 interim statements; Schedule A contains forecasts. Some bond classes allow the board to postpone principal past maturity with interest continuing at the stated rate (p. 65). The source link above opens the specific receipted September 2025 PDF.
Document summary and credit report
Full statement summary · email tier
Planned. It will be labelled Not Rated, AI-generated, without human analyst review or issuer contact. No signup is available yet.
Independent credit report · $20
No report or classification is available for this offering. The analyst methodology and conflict controls are still being developed; purchasing is unavailable.
How to read this record
Source: SolarShare September 2025 offering statement (PDF), dated September 1, 2025. This public record extracts basic facts from that document and attributes business and impact statements to the issuer. It is a dated snapshot, without later developments or independent verification. It is not an unreviewed AI statement summary or an analyst credit assessment.
No analyst credit assessment or issuer-management response is presented here.
Read the full document before relying on its terms. This page is general information, not personal investment advice or a prediction of repayment. Evidence standards · Corrections and disclosures.