Companies · Other Energy

BSC Solar PPA I LLC

ALLENHURST · Other Energy

Diligence memoA one-page analyst read on BSC Solar PPA I LLC — recommendation, valuation, rhythm, risks.
$5.9M
Total raised · real
5
Rounds
1.0×
Latest step-up
Top 41%
Sector rank · raised
Seed
Latest stage · inferred · Wed Nov 10 2010 00:00:00 GMT+0000 (Coordinated Universal Time)

BSC Solar PPA I LLC looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the energy sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.54× the median modeled value of Seed Other Energy companies in 2010–2012 (94 peers) — value vs value, same stage and era.
Dormant
  • Last raise 15.6 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

BSC Solar PPA I LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
56.5 yr record
Peak capital year was 2010 with $3.2M across 4 filings.
Market position
ahead of 60% of Other Energy peers
Capital scale is ahead of 60% of Other Energy peers; modeled value is above 43% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2010: $3.2M across 4 filings.
  • Largest single filing was $2.8M on .
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Energy

BSC Solar PPA I LLC is one of 2049 Other Energy companies tracked from ALLENHURST. By capital raised it ranks mid-pack (ahead of 60% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0M$10M$15M$20MSeed · Raised $2.8M (real) Modeled valuation $5.3M (est)$2.8M$5.3MSeedSeed · 2010-11-10 Raised $1.0M (real) Modeled valuation $13M (est)$1.0M$13MSeed2010Pre-Seed · 2010-11-10 Raised $925K (real) Modeled valuation $15M (est)$925K$15MPre-Seed2010Pre-Seed · 2010-11-10 Raised $625K (real) Modeled valuation $10M (est)$625K$10MPre-Seed2010Pre-Seed · 2010-11-10 Raised $600K (real) Modeled valuation $9.7M (est)$600K$9.7MPre-Seed2010+$1.0M+$925K+$625K+$600KCumulative $5.9M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$2.8M
Seed extension$1.0M · 2010
Bridge · Seed-stage$925K · 2010smaller follow-on
Bridge · Seed-stage$625K · 2010smaller follow-on
Bridge · Seed-stage$600K · 2010smaller follow-on

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$13.0M
Base estimate est.
$859K
Conservative case
$102.4M
Upside case
$5.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Seed · modeled $5.3M · Seed · modeled $13.0M · 2010-11-10Pre-Seed · modeled $14.9M · 2010-11-10Pre-Seed · modeled $10.1M · 2010-11-10Pre-Seed · modeled $9.7M · 2010-11-102010
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 59% high
1.38×/yr
Annual markup
1.80×/yr upside case
6.0 yr
Elapsed time used
15.6 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
123 mo
Avg between rounds
$145K/yr
Capital velocity
56.5 yr
On record since
1970
First round
5
Rounds on file
How it compares to the market

Benchmarked against 2049 companies in Other Energy. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.7× above median
This company$5.9M
Sector median$3.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.4× of median
This company$600K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.8× of median
This company$13.0M
Sector median$17.0M

Raised more than 60% of sector peers (real $). Modeled value above 43% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #80 of 94.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Community Energy Holdings, Inc. · Seed Raised $4.0M · modeled $51.9M (est)Gentry-Glori Energy Investment LLC · Seed Raised $3.6M · modeled $46.9M (est)Phoenix Solar Holdings Corp. · Seed Raised $3.6M · modeled $46.4M (est)MegaWatt Solar, Inc. · Seed Raised $4.7M · modeled $45.2M (est)Allana Potash Corp. · Seed Raised $4.6M · modeled $42.2M (est)Tempronics · Seed Raised $3.9M · modeled $42.2M (est)SkyWest Energy Corp. · Seed Raised $5.0M · modeled $42.0M (est)Geosynfuels Llc · Seed Raised $3.1M · modeled $40.7M (est)Fuel-From-Waste 2 LLC · Seed Raised $5.8M · modeled $39.5M (est)Greenstart Investor Group, Llc · Seed Raised $3.0M · modeled $39.3M (est)Shasta Renewable Resources, LLC · Seed Raised $3.0M · modeled $39.0M (est)Menon International, Inc. · Seed Raised $3.0M · modeled $38.9M (est)BSC Solar PPA I LLC (this company) Raised $5.9M · modeled $13.0M (est)BSC Solar PPA I LLC
CompanyStageRaised · realValue · estvs peer med.
Community Energy Holdings, Inc.Seed$4.0M$51.9M2.15×
Gentry-Glori Energy Investment LLCSeed$3.6M$46.9M1.94×
Phoenix Solar Holdings Corp.Seed$3.6M$46.4M1.92×
MegaWatt Solar, Inc.Seed$4.7M$45.2M1.87×
Allana Potash Corp.Seed$4.6M$42.2M1.75×
TempronicsSeed$3.9M$42.2M1.74×
SkyWest Energy Corp.Seed$5.0M$42.0M1.74×
Geosynfuels LlcSeed$3.1M$40.7M1.68×
Fuel-From-Waste 2 LLCSeed$5.8M$39.5M1.63×
Greenstart Investor Group, LlcSeed$3.0M$39.3M1.62×
Shasta Renewable Resources, LLCSeed$3.0M$39.0M1.61×
Menon International, Inc.Seed$3.0M$38.9M1.61×
BSC Solar PPA I LLC this companySeed$5.9M$13.0M0.54×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.0M2010-11-10$5.0M$13.0M90%
Pre-Seed$925K2010-11-10$5.1M$14.9M90%
Pre-Seed$625K2010-11-10$3.5M$10.1M90%
Pre-Seed$600K2010-11-10$3.3M$9.7M90%
Seed$2.8M$13.9M$5.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.0M2010-11-10
    • First recorded raise — entered as Seed.
  2. Pre-Seed$925K2010-11-10
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  3. Pre-Seed$625K2010-11-10
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
  4. Pre-Seed$600K2010-11-10
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
Intelligence
2021 ~Q1
Modeled next raise · ~123mo cadence
$600K
Modeled next size est.range $600K$960K
1.0×
Last step-up
$145K/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Barry J Bielat2010-11
Richard R Santore2010-11
Registry & provenance

BSC Solar PPA I LLC is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1503103
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Legacy EV, LLCOther EnergySeed$5.9M$9.2Msame sector · same stage
World Energy Solutions, Inc.Other EnergySeed$6.1M$12.0Msame sector · same stage
Scienergy, Inc.Other EnergySeed$5.7M$17.0Msame sector · same stage
AOTS 42 Inc.Other EnergySeed$6.7M$11.6Msame sector · same stage
TMG Energy Corp.Other EnergySeed$5.2M$11.7Msame sector · same stage
Blue Sphere Corp.Other EnergySeed$5.0M$13.0Msame sector · same stage
Accio Energy IncOther EnergySeed$5.0M$13.1Msame sector · same stage
Advanced Green Innovations, LlcOther EnergySeed$4.8M$16.2Msame sector · same stage
Frequently asked
How much funding has BSC Solar PPA I LLC raised?
BSC Solar PPA I LLC has raised approximately $5.9M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is BSC Solar PPA I LLC's estimated valuation?
Provath's modeled valuation for BSC Solar PPA I LLC is approximately $13.0M (modeled range $859K–$102.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is BSC Solar PPA I LLC at?
BSC Solar PPA I LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Nov 10.
What does BSC Solar PPA I LLC do and where is it based?
BSC Solar PPA I LLC operates in the Other Energy sector, based in ALLENHURST.
Explore related

See where BSC Solar PPA I LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at BSC Solar PPA I LLC, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.