The Company acquires indirect majority equity interests, through Holding Companies, in Project Companies that own utility-scale, community and rooftop residential solar facilities in the United States that are under construction and not yet placed in service. The offering is built around the 30% federal solar investment tax credit and depreciation, allocated to Members, with annual operating cash flow and a 50% Manager carry on sale proceeds. No specific project has been acquired; only non-binding term sheets existed.