Vetting Screens
Counterparty financial review complete for Club Pheasant operator
Cleared by Jeremiah Rosborough · Apr 5, 2026
Phase I ESA complete with no unresolved findings
Operator Agreement IP and trademark terms finalized
Membership assumptions stress-tested against analog operators
Capital Stack
$4,000,000- Bonus DepreciationSecured$1,200,000
- Local IncentiveProbabilistic$180,000
- Utility Make ReadyProbabilistic$220,000
- Investor EquitySecured$2,400,000
Gate Transition
Currently in Vetting. Next gate: Proforma.
- ●All required screens for Vetting cleared(1/4)
- ●All applicable thresholds met(1 registered)
Site & Membership
Created Mar 1, 2026 · Updated Apr 20, 2026
Partnerships
Concept partnership with Club Pheasant operator
Counterparty: Club Pheasant Operating LLC (Operator) · Good standing
Utility interconnection with SMUD
Counterparty: SMUD (Sacramento Municipal Utility District) (Utility) · Good standing
Deal Decision Log
Append-only entries scoped to this deal
All Prospecting screens cleared; thresholds met; mission alignment confirmed across operator and utility partners
Decision-maker: Bob Jystad · Deal: deal_club_pheasant