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LEAGUE LETS THE SUNSHINE IN!
Wednesday, January 19, 2011 Dear Member-Partners and Friends, It gives me great pleasure to present the latest in a long line of innovative LEAGUE investment offerings. The Member Partners Solar Energy Limited Partnership. We know there is sufficient interest in a project of this nature because you told us so: in our recent Member-Partner "Census," one third of respondents expressed interest in participating in a LEAGUE investment in renewable energy. And so, we have planned this investment with great care, and in accordance with Our Credo, that states we proceed only with projects in which we are confident in our abilities to successfully and profitably complete. The Limited Partnership, through a wholly-owned operating partnership, will invest in the installation of rooftop mounted photovoltaic solar panels in Ontario that will generate electricity. The government of Ontario has instituted a Feed-in-Tariff (FIT) program that guarantees to buy the power at a fixed price per kilowatt hour for 20 years; the Limited Partnership expects to be awarded FIT contracts to supply electricity from its solar projects. It anticipates annualized monthly distributions of 9% to Member-Partners based on these set rates.1 As you know, LEAGUE is already experienced in green technologies. Recently, we have financed the installation of "smart" building technologies, including energy-saving and remote-monitoring equipment, including the installation of these technologies in the Athletes' Village at the 2010 Vancouver Winter Olympics. We also instituted upgraded heating and energy monitoring systems in our own property, the Tyee Plaza Shopping Centre in Campbell River, BC. The goal in both cases was to produce a return on investment for our Member-Partners, while reducing the carbon footprint of both properties. In every sense of the word, solar power is a "green" technology. This investment will reduce greenhouse emissions and, by extension, help preserve the environment for future generations. We're very proud to bring this innovative investment to our Member-Partners, and look forward to your participation with us in it. To find out how you too can harness the power of the sun to help create Intergenerational WealthTM for you and your family, call your Member Services Manager. Warmest regards,
Emanuel F. Arruda
Founding Partner LEAGUE Investment Services Inc. VP of Global Communications The Group of Companies ----------------------------------------------------------------------------------------------
This document is for information purposes only and is not an offer to sell or a solicitation of an offer to purchase securities. Any offering will be made by way of offering memorandum or, in Ontario and Quebec, will be made only to accredited investors or those investing more than $150,000.
1 Distributions will start 60 days after the Limited Partnership reaches its minimum offering of $2,000,000. Please see the Offering Memorandum for more details. |
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