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Additional Information
Market: TSX-V
Sector: Cleantech and Renewable Energy
EPIC: GRN
Latest Price: C$0.05  (0,00%)
52-week High: C$0.23
52-week Low: C$0.04
Market Cap: C$2.72M
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Greenscape Capital Group
www.greenscapecapital.com

Greenscape Capital increases the environmental sustainability and social responsibility of our built environment through the development of sustainable facilities and the energy retrofitting of existing commercial facilities.  Greenscape offers a particular focus to the parking industry.

In November, 2010, Greenscape completed the building of the world's greenest parking facility, servicing the Denver International Airport, with operating partner Propark America. This industry-transforming development has been certified as a Demonstrator Site for the Green Parking Council and will serve as a model from which new and environmentally responsible parking facilities will be built in addition to the retrofitting of existing facilities throughout North America.

 

Full Greenscape Capital Group profile here
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Greenscape receives $1.1m in financing for green parking facility

6th Aug 2010, 8:08 am

Greenscape Capital Group (TSX-V: GRN) has secured approximately $1.1 million in financing for the ongoing development of Green Park Denver LLC's 4,200 stall green parking facility servicing the Denver International Airport.


The near $1.1 million has been received through a third tranche closing of the convertible debenture financing for $83,000, under the same terms announced on June 18th 2010, and through the receipt of loans totalling $979,000 from major shareholders and close associates of the company. Greenscape issued 300,000 in bonus shares to the lenders.


To date, Greenscape has contributed approximately $6 million in equity financing to Green Park Denver.


Construction of the facility is ahead of schedule and on budget, it says. The project is being financed through a combination of equity and US $8.5 million of project debt provided by Wells Fargo Bank.


These financings are subject to approval of the TSX Venture Exchange.


Greenscape Capital Group increases environmental sustainability, social responsibility, and profitability of companies and their operations. Greenscape Capital owns 100% of Green.Switch Capital, a Canadian based company focused on dramatically increasing the profitability of commercial facilities through enhanced energy efficiency and environmental best practices.


The company`s share price has risen almost 6.5% on the news to $0.33.

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