Bristol Energy Cooperative looking for investors

A new cooperative in Bristol is raising money to set up solar energy sites on two buildings in the city centre. The not-for-profit Bristol Energy Cooperative is looking to raise £87,000 through a share offering and has already had an 82.4% pledge for the amount from 74 investors who can invest as little as £50. The returns are hoped to be up to 4% a year.

The initial investment has the following aims

• to buy 20kW of the solar PV installation on the roof of Hamilton House in Stokes Croft, and
• to install 19kW of solar PV on the roof of Knowle West Media Centre.

The share offer closes on 18 May.

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