e2Companies Fully Subscribes Initial $100 Million Private Placement Bond Offering

July 7, 2022

BONITA SPRINGS, Fla., (July 7, 2022) – e2 Companies, a provider of comprehensive energy solutions and services, announced today that its initial private placement bond offering, e2c ESA Bond 1, LLC, has been fully subscribed. The offering raised $100 million, the proceeds of which will be utilized to fund the company’s ongoing development of equipment and engineering costs for identified installations backed by energy service agreements for the company’s disruptive energy technology, such as its patented R3Di® system, which provides resiliency and reliability to utilities, commercial and industrial customers.

The e2c ESA Bond 1 offering was initially launched in June 2020 with an intent to raise $25 million from accredited investors and was expanded to $100 million as demand for the bond offering quickly expanded. The offering provided 7.0% Series A senior secured bonds with a 3-year maturity and 9.0% Series B senior secured bonds with a 5-year maturity. Interest payments are funded by the contractual agreements on the systems and services for the energy users, while principal payments are secured by the contracts and assets of e2 Companies.

“The strong level of interest in our initial senior secured bond offering demonstrates the growing demand among investors for asset-backed income opportunities from alternative investments that are not correlated to the markets and feature shorter term maturities,” said James Richmond, president and chief executive officer. “The capital generated by this offering has allowed us to fund the fulfillment of our growing client contracts and further expand our ability to meet the expanding demand for the unique technology solutions developed by e2 Companies.”

The bonds are under an indenture that contractually specifies covenants designed to stipulate reserve requirements and restrict the company’s ability to incur third party indebtedness. The indenture requires e2 Companies to meet these covenants and to fulfill their obligation. UMB Bank serves as the independent trustee and is empowered to enforce the covenants on behalf of, and at the behest of, the bondholders.

On March 22, 2022, the company’s flagship technology, the R3Di® system, was awarded a patent by the United States Patent and Trademark Office, which approved all 19 claims in the patent request. As such, e2 Companies is the sole supplier of a Virtual Utility® system of continuous conditioned power, which is now protected by a patent for 20 years. The R3Di® system is a 100% site load replacement for the more expensive critical load uninterruptible power supply systems that feature shorter life spans and increased toxic landfill waste. It also provides a customer with future proofing for renewables, hydrogen or electric vehicle charging stations to be easily added for a path to a ZERO carbon future.

About e2 Companies, LLC

e2 was founded in 2009 to innovate products faster, and has gradually expanded its range of solutions, services, and geographic footprint.

Today, e2 Companies is the first vertically integrated Virtual Utility® for power generation, distribution, and energyeconomics in the marketplace, bringing the united front of three brands together. e2’s innovative technology, combined with the expertise of Mission Critical e2 and Palm Energy to deliver top notch performance and unprecedented value in the industry. e2 Companies is an ISO 26000 ESG focused organization, committed to delivering energy resiliency, reliability and efficiency, helping companies stay ahead in the ever-changing regulatory landscape.

To learn more about e2 Companies, visit www.e2companies.com or follow via social media @e2companies.

Investor Relations

Please contact Alexis Khazzam at alexis.khazzam@e2companies.com

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