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Obsidian Opportunity Fund Long Term capital for renewable energy

Opportunity Zones & Funds

American investors and companies have billions of dollars in unrealized capital gains that are sitting as 1's and 0's on computer screens that may never be realized or re-invested. Congress recognized this enormous untapped asset and, in 2017, led by Senators Tim Scott (R-SC) and Cory Booker (D-NJ and Representatives Pat Tiberi (R-OH) and Ron Kind (D-WI) created Opportunity Funds and Zones to allow these unrealized gains to be reinvested in low income American communities.

Investors receive tax benefits similar to a 1031 real estate exchange but applied to all types of capital gains. Developers and communities get access to capital that otherwise would not be available.

Established in the Tax Cuts and Jobs Act of 2017, Opportunity Zones are a new community development program to encourage long-term investments in low-income urban and rural communities nationwide.

Opportunity Funds provide a tax incentive for investors to re-invest unrealized capital gains, from any source, into a fund that is dedicated to making equity investments in businesses, real estate, and other business assets located in Opportunity Zones. The advantages to an investor are:

- A reduction in federal capital gains tax on any gain that is realized and then invested into an Opportunity Fund.

- No federal capital gains tax on gains generated by the Opportunity Fund (requires 10 year holding in the Opportunity Fund).

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Explore

Click on the links below to explore the Opportunity Zones in your area with our custom Google Maps. See if you have a project that could be financed with Obsidian.

Northwest: Alaska Washington Oregon Idaho

Southwest: Hawaii California Nevada Arizona New Mexico Texas Oklahoma

Mountain: Montana Wyoming Utah Colorado

Central: North Dakota South Dakota Nebraska Kansas Minnesota Iowa Missouri Wisconsin Illinois Indiana Michigan Ohio

South: Arkansas Louisiana Mississippi Alabama Kentucky Tennessee West Virginia Puerto Rico

Southeast: Florida Georgia South Carolina North Carolina Virginia Puerto Rico

Mid Atlantic: Maryland Delaware Pennsylvania New Jersey Connecticut New York

Northeast: Rhode Island Massachusetts Vermont New Hampshire Maine

Obsidian Opportunity Fund

Obsidian Opportunity Fund was formed by a team of experienced investors and developers to professionally manage funds to match investors who have unrealized gains with development projects and communities of need.

Opportunity Zone projects are as diverse as the landscape of America and creating and managing an Opportunity Fund can be daunting. Each project requires local knowledge and expertise structuring and managing Opportunity Funds.

Obsidian can custom tailor a solution to fit your needs. For the largest most complex projects, where you want to maintain total fiduciary control, we can simply manage the Opportunity Fund creation and provide record keeping. If you want to invest in a managed fund that provides the tax benefits of an Opportunity Fund, we have those turnkey fund options as well. Contact us and we will custom tailor a solution to your needs.

There are as many ways to invest as there are diverse communities in the country. From inner city affordable housing and sports facilities to rural renewable energy development and equipment leasing. Obsidian has the experience to facilitate and manage all of them.

Obsidian - Specialists in Renewable Energy

Utility scale solar and other renewable development is complex. Successful investors must have expertise in land use permitting, complex tax structures, federal incentives, PURPA, FERC, and utility partnerships in addition to technical understanding of the equipment and interconnection to the grid. This makes utility scale solar and renewable investment an extremely difficult and inefficient market for the individual or corporation who is not a professional renewable energy investor.

Our Opportunity Zone program provides incentives, when coupled with Obsidian’s experience as a utility scale renewable developer, that allow high net worth individuals and corporations to invest in solar and other renewable projects that simply have not been available to them.

Obsidian has lead the development of some of the newest solar projects in the United States. Opportunity Zones and Opportunity Fund financing can provide significant advantages to traditional financing.

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See our solar projects

Obsidian Solar Center, Fort Rock, OR

Development

If you are developing a property in an Opportunity Zone, there is no reason to not finance it with an Obsidian Opportunity Fund. We can minimize the overhead and friction of managing a project specific Opportunity Fund. You save money and have the peace of mind that the fund is professionally managed.

No development is too large. Even a mega project like a baseball stadium can take advantage of an Obsidian Opportunity Fund. We will manage the process for you so you can focus on your team, fans, investors and community.

Obsidian Opportunity Funds Partners

Allen Alley

Expertise: venture capital, engineering and entrepreneurship. Linkedin

David Brown

Expertise: tax law, complex financing structures, solar development. Linkedin

Corporate Office

5 Centerpointe Dr. Suite 250, Lake Oswego, OR 97035

ph: 503-245-8800

email: info@ObsidianOpportunityFund.com

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This website is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by Obsidian Opportunity Funds or Obsidian OZ Fund Manager LLC . No reference to any specific security constitutes a recommendation to buy, sell or hold that security or any other security. Nothing on this website shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained on the website constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed on this website should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this website, we have not taken into account the investment needs, objectives and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed on this website by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible correction. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.

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