Brilliant news! The original target for the Meadow Blue community share issue of £640,000 towards a community-owned solar farm between Chichester and Bognor has already been met with a week to go. So, we’ve decided to change how the project is financed in order to create more community investment and a further £500,000 of community shares have been released. This means that more investors can participate in this local renewable energy project and benefit from an expected return of around 7%.
Meadow Blue Community Energy (MBCE) is a Community Benefit Society (owned by its members, the share-holders) which will own the community solar farm that will be built at Merston. This has been developed as a partnership between Solesco, Lewes-based OVESCO and Mongoose Energy, a Wiltshire-based community energy developer.
Come and meet the team
Following a successful event at the Vicars’ Hall on Tuesday 17 November, there is another opportunity to meet the team TONIGHT at:
Oxfords Bar, Bognor Regis, on 19th November 6-9pm at, 13 High Street, Bognor Regis PO21 1RJ
There will be short presentation at 6pm, 7pm and 8pm with plenty of opportunities for questions and discussions.
Check the share offer, to invest now: https://www.ethex.org.uk/MeadowBlue
Closing date for share application is 24 November
Please consider investing in this project as it is located in our neighbourhood and will be a great way to get involved in a local renewable energy project. It will not only reduce our carbon footprint but also assist local communities with reducing energy consumption and give investors a good financial return.
Dave and Tom on behalf of Solesco