Greenscape Capital Group Inc. has arranged an institutionally led, nonbrokered private placement to raise up to $5 million, subject to regulatory approval, for the completion of Green Park Denver LLC's 4,200-stall green parking facility servicing the Denver International Airport.
The Green Park Denver project is slated for completion and operations in November. Green Park Denver will utilize wind and solar energy, geothermal heating and cooling, electric vehicle plug-in stations and LED lighting.
The company plans to file a prospectus and qualify the distribution of the units as expeditiously as possible following the close of the offering. Proceeds of the offering are intended to be used to advance the final equity required to the Denver project and provide general working capital.
SOURCE: Greenscape Capital Group