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Renewable Energy and Solar Utilities

Green Stream Holdings Inc. (OTC PINK: GSFI) an emerging leader in the solar utility and finance space, announces what it believes to be a new era for Renewable Energy and its Solar Utilities/Financing model as Joe Biden has become the 46^th President of the United States.

Biden’s agenda is to transition the U.S. from an economy reliant on fossil fuels to one driven by wind, solar and other renewable-energy sources. The shift from fossil-fuel companies to renewable-energy firms accelerated during the Trump administration, despite the president’s vows to support the U.S. coal and petroleum industries.

Big and small investors have moved their assets away from fossil-fuel producers and toward renewable energy companies. Big investors like BlackRock Inc., the world’s largest asset manager, overseeing $7.8 trillion, have said they plan to take into account corporations’ disclosures of environmental risks, including carbon footprints.

According to Wells Fargo senior market strategist Scott Wren, “Since the start of the year, cyclicals have outperformed, with energy gaining the most, up 15%, helped by higher oil prices. Financials were up 5.1%, and materials were up 4.4%.”

“All of these cyclicals stocks have moved in advance of what we think will be a higher rate move. Rates have moved up to support that idea,” Wilson said. “We think they could go up quite a bit more over the course of the next several months.”

As well, The iShares Global Clean Energy ETF, which tracks S&P Global’s index of clean energy companies around the world, has risen by nearly 30% since July 2020. The fund’s assets under management swelled to $1.2 billion from $431 million at the start of the year.

GSFI is encouraged by the increased opportunity Biden’s new agenda could mean for companies like Green Stream Holdings.

We believe we are at the dawn of a new era for renewable energy and, in turn, an increased access to market with ability to expedite shareholder value as we cultivate new opportunities alongside our current projects in New York, including:

• 160 Imlay street. Brooklyn Ny
• 8012 Tonelle Ave; North Bergen, NJ
• 44 Victory Blvd; Staten Island, NY
• 111 Station Road; Bellport, NY
• 15-17 Sherwood Ave – Yonkers Proposal
• 4290 Austin Blvd; Island Park, NY

GSFI 160 Imlay Street Project

The Company has officially completed its structural engineering for the 160 Imlay Street Project and has submitted its application to integrate its solar and photovoltaic initiatives with conEd’s powerful electric distribution grid.

GSFI’s, “160 Imlay Street is part of a recent residential wave that has included new rental buildings and classic townhouses alike. The Red Hook/Atlantic Basin ferry stop is a powerful draw and one that will continue to attract new residents. We are thrilled to be working on this property and are in discussions with Red Hook to expand initiatives across their portfolio of properties.”

Green Stream’s initiatives for 160 Imlay include implementation of a rooftop photovoltaic system providing at a minimum of 300- 450 Kw of electric Photo Voltic Power, utilizing approximately 1000-1440 panels, on approximately 22,000 square foot space on the property. Green Stream Holdings, together with Morali Architects as their joint venture partner in this project, will design, erect, construct and install or retrofit the property, increasing its value and reducing the property’s carbon footprint all the while.

This is all in line with NY Governor Cuomo’s recent announcement of a clean energy initiative which unveiled the details of the awards for 21 large-scale solar, wind, and energy storage projects across upstate New York, totaling 1,278 megawatts of new renewable capacity.

Con Edison provides electric services to 3.2 million customers in New York City and portions of Westchester County. Electricity is delivered through approximately 94,000 miles of underground cable, and almost 37,000 miles of overhead cable.

As the demand for solar energy soars, the industry is booming in New York. Solar clients expect prompt interconnection, but this isn’t always the case. The State of New York and utility companies, such as Con Edison, both have interconnection requirements.

The vast majority of solar installers apply for interconnection on behalf of their residential and commercial clients.

As part of its Clean Energy Commitment, conEd wants to make it possible for customers to buy 100 percent clean electricity by 2040. Con Edison Inc. is the second largest solar producer in North America and seventh largest in the world.

Approval of Green Stream Holdings’ initial application with conEd for Imlay street will facilitate the opportunity to harness renewable energy for GSFI to then lease back to the surrounding communities toward a sustainable, long-term income stream, as it continues to position itself as an industry leading lease-back utility company in the renewable energy space.

Urban Gardening & Solar Greenhouses

We are entering the rapidly growing urban gardening sector with solar greenhouses dedicated primarily to rooftop farming.

Roofs with vegetation can extend roof life, conserve energy, and reduce stormwater runoff and air pollution; new studies show they can boost the performance of solar panels. Plants reduce a roof’s contribution to the urban heat-island effect by lowering the surrounding air temperature through evaporation; this cooling can also make photovoltaic panels perform more efficiently. Plants also reduce airborne pollutants and dust particles, allowing the panels to absorb more sunlight.

GSFI Founder Madeline Cammarata comments, “In the last few years, rooftop gardening has been growing exponentially. The opportunity and necessity to grow crops on rooftops and inside tall buildings allows for efficient use of the limited space found in cities. We have the infrastructure in place to begin cultivating these structures alongside and even within a select group of our current projects.”

She continues, “We are confident that a new generation of organic super-sized food products grown locally under strict fully climatized conditions.

Green Stream Holdings will provide the next generation of urban cuisine, not to mention a supply source for the community-minded like Whole Foods, Target and local markets.”

“Now we can significantly impact the communities we serve with the opportunity for multiple streams of income from each project, from providing electricity for the public utilities to growing fresh fruits and vegetables for the local restaurants. The growing season is 24 -7/365 in our climate-controlled rooftop greenhouses powered by solar arrays. With dual-benefit: storing power during the day for use at night, and utilizing excess power to sell back to communities as an energy source.”

Green Stream has a growing footprint in the significantly underserved solar market in New York City, where it is targeting 50,000 to 100,000 square feet of rooftop space for the installation of its solar panels.

About Green Rain Solar

Today the critical infrastructure and technology lacking in Hospitals, Public and Private Schools, Agriculture, Industry, Factories, Farms, Churches, Urban communities, in rural communities, Carports for Vehicles is the electrical grid. These are critical components that are in urgent demand. The companies behind them depend on us to help solve some of the toughest power management challenges. At Green Stream Finance Inc., Our company is dedicated to improving the lives of the community and, most importantly, the survival of our planet.

We plan to implement our mission by using our trademark design and groundbreaking technology, which are made entirely by constructed seamless solar panels. They are customized solar panel greenhouse glass in red. The red remove the green light and increases the ratio from red to blue light and optimizes the plant’s growth by 94%.

The prodigy behind this groundbreaking design is Anthony Morali. Mr. Morali is the founder of Morali Architects and Renewable Energy Development (R.E.D.). Mr. Morali has been a member and volunteered with the Mayor’s advisory zoning council Community Board 5. He continues to be on the Society of American Registered Architects from 1995 to current. Mr. Morali has been the director of the United National International Renewable Energy Sector from 2007 to today. Mr. Morali has received several awards, including the successful zoning and landmark development. Additionally, the Distinguished Service Award for his commitment to Green zoning.

The photovoltaic application that incorporated the benefits of thin-film photovoltaics with Mr. Morali is a New York native. He graduated from Pratt Institute in 1981. Before Mr. Morali creating his firm, he apprenticed under Nationally renowned architects, Anthony S. Diproperzia and Persich Gaiacopelli. Both designed the Metropolitan Museum of Art, The Catholic Medical Center of Brooklyn & QUEENS are just a few.

Green Stream Finance, Inc., a Wyoming-based corporation with satellite offices in Malibu, CA and New York, NY, is focused on exploiting currently unmet markets in the solar energy space, and is currently licensed in California, Nevada, Arizona, Washington, New York, New Jersey, Massachusetts, New Mexico, Colorado, Hawaii. The Company’s next-generation solar greenhouses, constructed and managed by Green Rain Solar, LLC, a Nevada-based division of the Company utilize proprietary greenhouse technology and trademarked design developed by world-renowned architect Anthony Morali. Using customized red greenhouse glass and seamless solar panels.

The Company is targeting 50,000 to 100,000 square feet of rooftop space in the near term on which it will install solar panels in New York City where the Company is uniquely positioned to capitalize on community solar energy incentives and exorbitant electricity costs have. Revenues through direct sales to building owners are expected to generate a 15 to 20 percent return over 20 years on these community solar projects. In other under-served and growing markets, Green Stream engages customers through simple leasing agreements of solar infrastructure, next-generation batteries, and PPAs (Purchase Power Agreements). Typically, the Company retains 80% of the customer’s savings, which are substantial.

Commitment to both growth of solar power and increasing value for its company shareholders, Green Stream is looking to forge key partnership with major investment groups, brokers, and private investors in order to capitalize on a variety of unique investment opportunities in the commercial solar energy markets. The Company is dedicated to becoming a major player in this critical space.

Green Stream Finance, Inc. projects a net 8 percent cash on cash invested in leases and an additional average of 5 percent in fees for commercial projects. During the first year, the Company plans to place over $5,000,000 into the financing of Power Purchase Agreements with nonprofit and municipal organizations with a 12% return on investment by the sale of power to many school buildings in large districts in New York City, several of which have already expressed an interest in working with the Company.

About Green Rain Solar Leadership

Mr. James C. DiPrima

Chief Executive Officer

Mr. James C. DiPrima has a Bachelor of Science in Business Administration from Creighton University, Omaha, Nebraska. His career includes 40 years of finance and accounting in both the public and private sectors beginning his career at Deloitte & Touche. He has held various positions with start-up companies, was comptroller of a manufacturing company, founded and operated an accounting and tax consulting firm focused on medical practice management and investment and tax planning. He has served as chief executive officer of MBD Midwest, a holding company for national pack and ship franchises where he managed the development of retail outlets in multiple states. Mr. DiPrima was founder and President of a construction company providing various services to the United States Postal Services.

Mr. DiPrima has been working in various positions with publicly traded companies since 1995. His accomplishments included guiding several companies through the reverse merger process, raising capital and consulting on various mezzanine financings. Most recently he has served as CEO of PAO Group, Inc. a publicly traded holdings company dedicated to operating businesses within the medical cannabis sector focused on medical research and the development of treatments derived from its patented cannabis extraction process. He has also served as CFO for Solar Integrated Roofing, Inc. a public traded company that provides residential solar energy solutions in southern California. Additionally, Mr. DiPrima provides various financial services to micro-cap publicly traded companies on a contract basis.

Madeline Cammarata –

Founder

A legend on the famous Melrose strip, Madeline Cammarata co-built and managed the iconic Chuck’s Vintage, a denim-focused clothing store, that, for over two decades, was synonymous with LA style. Known as the denim damsel, Madeline brought not only a history of success in building and managing entrepreneurial endeavors, she was a branding expert who has had a hand in developing major brands; to wit, she worked closely with the fabric developer of major brands such as as Current/Elliot, PRPS and 7 For All Mankind. Former President of Green Stream, where her entrepreneurial savvy and branding expertise have proved to serve critical to the Company mission.

James Ware

Vice President

During his work with Hughes Network/DirecTV, Mr. Ware previously generated over $35 million in revenue in combined product sales, television programming, and hardware equipment sales and distribution. His award winning company was the #1 Elite Dealer for Hughes Network/DirecTV in Midwest North America, and #1 in EchoStar/Dish network sales. In addition to his extensive background in sales and marketing, Mr. Ware possesses vast experience in the field of construction and solar development. Through his efforts, Green Stream is currently in negotiations to construct the first solar greenhouse in Las Vegas, which is intended to become a destination spot for innovators considering the Solar Greenhouse concept for their own solar greenhouse operation. Mr. Ware will be involved in the sales division of the company as well as acting in the capacity of VP of Solar Construction.

Before joining the Company, Mr. Ware was a partner and project manager for Matrix, LLC’s commercial real-estate division, Las Vegas, NV. where he oversaw over $20 million in new project development properties including a multi dwelling, 28 custom home build in Suburban Las Vegas, NV.

Anthony Morali

Advisor on Creative Solar Design

Mr. Morali will also serve as Creative Solar Advisor of Green Rain Solar, LLC, a division of the Company focused on development of next-generation solar greenhouses. Morali’s unique design uses customized red greenhouse glass and seamless solar panels.
Green Stream and Mr. Morali have been engaged in a joint partnership to develop these revolutionary greenhouses as well as other state-of-the-art solar projects in rapidly growing solar markets.

“We at Green Stream are pleased to officially welcome Mr. Morali as we continue to deepen our existing partnership. Anthony Morali is the founder of Morali Architects and Renewable Energy Development (R.E.D.) Mr. Morali’s expertise in solar construction and design is renowned throughout the industry. We look forward to Mr. Morali playing a critical role in the design and development of our state-of-the-art greenhouse facilities throughout the United States as we continue to accelerate our expansion plans and generate value for our shareholders.”

Forward-Looking Statements:

This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Green Stream Finance, Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, Green Stream Finance, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.

Company Address

Company Contact/Address
201 East 5th Street, Sheridan, WY 82801