JEDA Bond Issues Help Finance New GREEN Charter School in Irmo

Posted on October 25, 2017 - News, Success Story

Irmo, SC — Richland County

GREEN Midlands LLC is using $5,845,000 in bonds issued through the South Carolina Jobs-Economic Development Authority (JEDA) to finance the construction of a new charter school on Broad River Road in Irmo.

The GREEN Charter School of the Midlands will be a South Carolina K5-12 public charter school that combines a math and science focus with an emphasis on environmental sustainability, renewable energy, and technology. It will be a sister school to Greenville Renewable Energy Education (GREEN) Charter School that opened in 2013.

The Series 2016 financing for the GREEN Midlands school includes a $5,655,000 tax-exempt bond issue and $190,000 taxable bond issue. GREEN Charter School of the Midlands which began operating in August 2017, currently has a waiting list for every grade. The School will begin accepting applications for the 2018-2019 academic year in September 2017.

“Bonds issued through JEDA enable us to expand this exciting educational initiative into the Midlands, where we prepare students for exciting careers that contribute to a better world for all of us.”
— GREEN Charter School Principal Adem Dokmeci

“Science, math and renewable energy technologies are areas of great demand and importance. As such, we were pleased to assist GREEN Charter School’s efforts to expand and teach more students in these essential areas,” said Jeremy Cook, Bond Counsel with Haynsworth Sinkler Boyd, P.A., in Charleston.

“JEDA has been facilitating the financing of growing, progressive educational institutions in South Carolina for decades. We’re thrilled to be involved with GREEN Charter School in meeting its expansion goals,” said Harry A. Huntley, CPA, Executive Director of JEDA in Columbia.