Our co-op has been developing community-owned, green energy generation since 2011. In that time, we’ve raised over £12million, installed over 9MWp of solar and battery assets, and facilitated over £250,000 of community benefit payments.
The funds raised from this latest share will help us develop several exciting new clean energy projects, including Bristol’s first ever hydro-electric scheme and the UK’s first net zero domestic housing microgrid.
BY PURCHASING SHARES YOU WILL:
- Help reduce the impact of climate change and strengthen local energy security
- Earn interest on your investment (projected 3.5% interest per annum)
- Participate in the ownership of local renewable energy resources
- Support investment in local communities
BRISTOL COMMUNITY HYDRO SCHEME
A key project supported by this share offer is Bristol’s first-ever urban hydro-electric scheme, Bristol Community Hydro. This run-of-river twin-screw scheme is to be sited at Netham Weir on the river Avon. It is expected to generate around 900,000 kwh of renewable electricity annually, the equivalent usage of more than 250 average homes, or enough to drive an electric car between Bristol and Bath more than 200,000 times, and have a working life of over 40 years.
The project is receiving up to £1,153,539 of funding from the European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020, and is being managed by the Ministry of Housing, Communities and Local Government. Established by the European Union, the European Regional Development Fund helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, the local community and create jobs.
JOIN ONE OF OUR LIVE WEBINARS
Keen to learn more? We are hosting a regular webinar and Q&A session where you can learn more about our journey so far and how you can be a part of shaping a clean energy future for the city by investing in our latest share-offer.
Our next live webinar is 18th March 6-7pm
Your investment is in withdrawable shares, valued at £1 each, and you may invest between £100 and £100,000. Each investor receives one vote regardless of the amount invested.
Our current share offer is being administered via Ethex. Applications can be made online or by downloading a paper application form from the Ethex website. If you do not have access to a printer and would like an application form to be posted to you, please contact firstname.lastname@example.org.
Investing in withdrawable shares in Bristol Energy Cooperative may not be suitable for everyone. Your money is at risk and returns are not guaranteed. Please read the share offer document in full before applying for shares.