Message from Low Carbon Hub - 9th June 2020
"We have met our target of £1.5 million, and so we have paused all applications to invest in our Community Energy Fund. We've been absolutely blown away with the incredible level of interest, especially over the last week - so thank you for your interest in investing and supporting the Low Carbon Hub in continuing to strengthen and grow our portfolio of community energy projects across Oxfordshire.
We are sorry for any disappointment caused by pausing applications. However, we do anticipate that we will be able to accept new investment applications again shortly, as we have some exciting new projects coming up in the pipeline - but in line with our Share Offer Document, we will not be accepting any new applications before these projects are confirmed. If you'd like to be the first to know about this, please sign up to our Community Energy Fund updates mailing list."
Sign up for updates: http://eepurl.com/g6CnYj
|Term||Variable, with a four year minimum term|
|Offer opened||10th March 2020|
|Offer paused||9th June 2020|
|Offer price, per share||£1|
|Minimum investment amount||£250|
|Min. raise for offer to proceed||No minimum|
|Location of projects||Oxfordshire|
Low Carbon Hub is forecasting a 5% target interest rate per annum from the fourth year of your investment. The target rate for the first four years is 4%.
The entire Low Carbon Hub renewable energy portfolio is forecast to provide £2.5m of community benefit income over the current project lifetimes.
Community Shares Standard Mark Awarded
The Low Carbon Hub share offer document has been awarded the Community Shares Standard Mark. This Mark is awarded by the Community Shares Unit to offers that meet national standards of good practice. These standards ensure that:
Societies are asked to sign a Code of Practice requiring them, among other things, to give the public a right of complaint to the Community Shares Unit.
Learn more about key aspects of this share offer
Aims, social and financial performance, and how it's run
If you are in any doubt about the information on this website, the content of the accompanying prospectus or the action you should take, you should immediately consult a person authorised for the purposes of the Financial Services and Markets Act 2000, who specialises in advising on investment in shares and other securities.
Prospective investors should be aware that the value of the shares, which will not be quoted, cannot go up, but can go down. In addition, there is no certainty that investors will get back the full amount they invest.
As of the 9th June 2020 this offer is paused.
The Ethex team are here to help from 9am to 5pm
01865 403 304