Bath & West Community Energy are inviting local residents to the Bath launch of the public share offer for the Wilmington Farm Solar Array.
The launch will take place on Wednesday 17th September in the Guildhall, Bath.
Bath & West Community Energy – an award-winning Community Benefit Society – have developed a proposal to build a 2.34 MW solar array south of Hunstrete in the parish of Marksbury.
The array is to be financed by a public share offer to raise £2.2 million.
The solar array will be the latest in a growing number of successful renewable energy installations which have enabled us to pay our members 7% interest on their investment for each of the last three years.
Last week BWCE and their chair Pete Capener, were proud to be named ‘Community Energy Organisation of the Year’ and ‘Leader of the Year’ at the UK Community Energy Awards.
At the launch you will hear more about the latest share offer, meet the directors, find out how you can benefit from investing, learn about the wider community benefits and ask any questions you may have.
Paul Crossley, Leader of Bath & North East Somerset Council, will open the launch.
The funds raised will be used to build the solar array which will provide enough clean electricity to match the equivalent annual electricity demand from over 650 homes.
More information can be found on their website, here: www.bwce.coop
As a community owned project this presents an opportunity for locals to directly invest in and benefit from the solar array.
Their existing projects have also generated enough surplus for them to donate £24,000 into an independent community fund, to support local initiatives to reduce carbon emissions and tackle fuel poverty.
The company expect this fund will grow significantly with the addition of this project to our portfolio.