Sun Pacific Holding Corp (SNPW)

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$SNPW> Here is schedule of events that need to be done before the closing.

Exclusive Interview with Nick Campanella, CEO of Sun Pacific; Stock Symbol: SNPW Regarding Renewable Energy Projects
https://www.einnews.com/pr_news/637867026/exclusive-interview-with-nick-campanella-ceo-of-sun-pacific-stock-symbol-snpw-regarding-renewable-energy-projects (below)


Nick Campanella: We originally were looking at Texas as our plan for manufacturing and decided to search other properties since Texas was 5 times more expensive and the state did not offer us any incentives. We were fortunate enough to find the property in Elba, where the State of Alabama offered SNPW a 100% tax abatement on sales and use tax as well as a 50M Inducement Resolution. This would allow us to refinance or take out debt funding with a 20-year bond.

Our process was to follow these steps:>

* Develop our plan for the market.

* Design a financial model.

* Build our team.

* Select the right property.

* Work with state and local authorities.

* Seek incentives and rebates, which we could not do until we had a facility selected.

* Source equipment and design a facility with engineers and architects.

* Obtain an insurance wrap to protect our investors.
Sign a purchase agreement.

>> Arrange a closing date once all is approved.<<