Bluedot Energies

My name is Christina Bray and I am the CEO of BlueDot Energies. I have 10 years of finance background, part of that time specific to solar financing. Our team also consists of electrical contractors, install specialists, government relations specialists, and more.

BlueDot is an EV charging station company. We generate contracts with public entities to use their property on which to build charging stations. Common places are transit centers, university parking lots, and other high density areas in need of charging. BlueDot works with the utility company and other stakeholders to design the station, fast track permitting, and build the project. The property owner and BlueDot then share the revenue from the site. 

We have a current contracted project in partnership with GiddyUp Power that we would like to fund. The project consists of 20 EV chargers, 150kw of solar, and battery storage that will aid in storing and selling excess energy to the grid. The station will be located at a major transit station in the city of Sacramento.  We will be able to recoup at least 50% of the capital outlay via verified grants and tax incentives. The site will be able to pay for the remaining capital expenditure and turn cash flow positive from conservatively projected charging revenue within 14 months  of operation, assuming a 25% usership whereas area usership throughout the pandemic was 40%. 

The ask is $5,000,000. $4,000,000 of that will go toward a convertible note to GiddyUp to pay for install. The note will be repaid with rebate monies, tax incentive credits, and then revenue once the site is turned on. The rate for the note is WSJ Prime + 6.00% (Currently 9.25%). In addition, BlueDot will receive a 1% upfront fee for the financing and a 30% management fee for the project.  Once the site is live, BlueDot will continue to receive $15,000 a month to manage the site until the note is fully repaid. We anticipate that the note will be fully repaid within 24 months, for an average annualized rate of return to BlueDot  (including management fees) of 43%). 

The remaining $1,000,000 will be used to fuel business development and operating costs. We are on track to have at least 3 additional contracts before Christmas: 1 with Denver's RTD, 1 with the Chicago Transit Authority, and 1 with Sherwin Williams for a space in Chicago. We project have contracts for at least an additional 200 chargers in 2022.  These chargers will contribute to our main revenue stream which is charging revenue. 

If you are interested in investing in BlueDot and the future of energy, please get in touch and I will be happy to share additional details with you. 

Thank you,
Christina