Today’s guests are Ruth Amundsen and Alden Cleanthes. Ruth is an engineer spending most of her career at NASA and Alden runs a digital art company and has always advocated for clean air, clean water, and environmental awareness. These two rockstars combined efforts to launch Norfolk Solar Qualified Opportunity Zone Fund.
Norfolk Solar installs solar at no cost to local businesses and non-profits in Qualified Opportunity Zones. The owner of the building gets the benefit of the free solar electricity after the system payoff period of about 7 years, while investors get to reap the rewards of a tax break on capital gains and modest investments returns.
Ruth and Alden are continuously building into new markets, and are building a team of like minded individuals to tackle solar installation at a national level. Their impact is incredible and changing the way people finance solar panels.