Blocpower Energy Services 3

BlocPower LLC is a Brooklyn-based climate technology startup that is making American cities greener, smarter and healthier. BlocPower partners with utilities, government agencies, and building owners to identify unhealthy, energy-wasting buildings to retrofit. The company then works with these building owners to develop, install and finance targeted energy saving improvements. BlocPower gets paid via installation profits, financing fees, and enterprise contracts. Since its founding in 2014, the company has retrofitted more than 1,000 buildings in disadvantaged communities in New York City, with projects underway in 24 cities. The business is based on the Company’s proprietary software for analysis, leasing, project management, and monitoring. The company’s clean energy projects often save the building owners 20%-70% on annual energy costs. Blocpower LLC, the owner of BPES3, has raised $68 million from the world’s top investors including American Family Insurance Institute for Corporate and Social Impact, AccelR8, The Goldman Sachs Urban Investment Group, Kapor Capital, Elemental Excelerator, CityRock Venture Partners, Hatzimemos/Libby, The Schmidt Family Foundation, Salesforce Ventures, Andreessen Horowitz, MaC Venture Capital, Exelon, Echoing Green, and the New York Ventures of the Empire State Development Corporation.

Improving Public health from filters that reduce the spread of pollutants and infectious diseases, including COVID; and from non-combustion heating units that reduce exposure to pollutants that can trigger asthma.
Address Climate change by transitioning away from gas and oil-burning heating systems and reducing overall energy use which will reduce greenhouse gas emissions.
Improving Economic Outcomes by reducing energy bills for tenants and increasing net operating income for building owners through reduced energy bills, as well as driving increases in property values.
Generating Employment Opportunities through new job opportunities and workforce training developed for hard-to-employ workers in project neighborhoods.

• Air Source Heat Pump Installation / fossil-fuel fired system conversion
• LED lights
• Monitoring and control systems
• Domestic hot water upgrades
• Insulation and air sealing
• Window replacement
• Low flow fixtures and water saving measures
• Combined Heat and Power (CHP)
• Renewable Energy including Solar PV and Community Solar
• Battery Storage

Donnel A. Baird,
Founder and CEO of BlocPower LLC, and BlocPower Energy Services 3 LLC. Donnel spent three years as a community organizer in Brooklyn and one year as a voter contact director for Obama For America. While ma..

Keith L. Kinch,
General Manager of BlocPower LLC and Chief Operating Officer of BlocPower Energy Services 3 LLC Keith plans, coordinates, and manages all business operations to achieve corporate goals which includes developing and implementing business..

Cullen C. Kasunic,
Chief Financial Officer of BlocPower LLC and BlocPower Energy Services 3 LLC Cullen is the executive responsible for all finance related issues for the BlocPower companies. He is the lead in the establishment, ope..

Grace Park-Bradbury ,
National Head of Operations, BlocPower LLC Grace Park-Bradbury is the senior executive in charge of operations, business development, sales operations, performance management and trac..

Dom Lempereur,
Chief of Engineering, BlocPower LLC Dom Lemperuer leads the BlocPower engineering department. Over 25 years, Dom has developed, performed, and managed energy assessments for 6,..

5.50% Coupon Interest per Year

Fully Amortizing, Annual payments

12 yr Maturity (5/16/2033)