The SA Government offers attractive incentives to encourage the promotion of small businesses and increase clean energy production. Hedge fund pioneer Kevin Shames has applied his business skills and financial knowledge to combine these advantages to offer a projected 19% after tax return through his Section 12J company Bright Light Solar. BizNews founder Alec Hogg spoke with Kevin Shames who fielded questions including exactly what the company does, the mechanics of how it invests and makes money for investors, and ease with which the tax benefit can be claimed.
For the full details on this investment opportunity exclusive to the BizNews community, contact Bright Light Solar here.
First come, first serve for this exciting 12J investment opportunity
Kevin Shames, CEO of Bright Light Solar, spoke to BizNews founder Alec Hogg about an exciting investment opportunity. 12J tax incentives make this appealing for investors. With fund raising opening on February 1st, you’ve got to act fast if you’re interested, says Shames. – Jarryd Neves
For the full details on this investment opportunity exclusive to the BizNews community, contact Bright Light Solar here.
Kevin Shames on the Bright Light Solar 2021 capital raise:
The only real difference [this year] is that it is capped at R50m this year and we’re not allowed to accept any more. On Monday, it opens [and] goes live. When we hit the R50m, we will have to close. We just have a limited capital raise because of certain complications in [the] Section 12 compliance requirements. We don’t want to raise too much money.
Alec Hogg: Fastest fingers first for this 12J
Founder Alec Hogg shares his rational perspective on an exciting 12J investment opportunity open to BizNews members, but it’s fastest fingers first.
Founder Alec Hogg shares his rational perspective on an exciting 12J investment opportunity open to BizNews members, but it s fastest fingers first.
This article is exclusive to Biznews Premium. Members please login here. Not yet subscribed? Taste before you eat by signing up here for a half price 30 day trial (card details required).
Cyril Ramaphosa: The Audio Biography
Listen to the story of Cyril Ramaphosa s rise to presidential power, narrated by our very own Alec Hogg.
With the Covid-19 lockdowns knocking economic activity, Bright Light Solar has been unable to deploy its excess capital, so is cutting the 2021 fund raise back to R50m. The 12J tax incentives make this an especially appealing investment opportunity that was very well supported last year by the BizNews community. But with the smaller capital raise, Bright Light CEO Kevin Shames explains in this podcast why it will be first-come-first-allocated when the fund raising opens on February 1.
– Alec Hogg
For the full details on this investment opportunity exclusive to the BizNews community, contact Bright Light Solar here.
Kevin Shames on the Bright Light Solar 2021 prospectus: