Windmill Capital Management launches US$250m private offering for new clean energy direct investment fund

Windmill Capital Management (WCM), a leading clean energy capital and finance company, today announced the launch of an offering for a private clean energy investment fund.

Windmill Clean Energy Credit Trust (CECT) will offer up to US$250 million of Class 1 Beneficial Interests (Shares) to accredited investors. CECT, a Delaware statutory trust, will fund purchase-money loans secured by commercial clean energy projects around the United States.

CECT will consider loans secured by commercial solar, cogeneration and biomass projects to owners who sell or use the generated energy. WCM will originate and service the loans and Windmill Capital Adviser, a California Registered Investment Advisor and an affiliate of WCM, is the fund manager.

The Shares have not been, and will not be, registered under the Securities Act or any state securities law. The Shares may not, except as specifically provided in the Trust Agreement, be sold, pledged, or otherwise transferred by the holders thereof at any time except with the written consent of the Manager, which may be withheld in certain instances. Prospective investors should be aware that they may be required to bear the economic risks of this investment for an indefinite period of time