Resilient Energy Alvington Court Renewables

Please note that this information is no longer updated and is for reference purposes only.

Resilient Energy Alvington Court Renewables (REACR) is raising £1,350,000 to build a 500kW wind turbine in Alvington in the Forest of Dean. REACR offer a return on investment and aims to reinvest surplus in projects that will build community resilience.

REACR have completed a successful pioneer share offer which raised £300,000  for the turbine deposit, grid connection costs, and other early stage project costs.

REACR - What They Do

What they do

REACR is a Community Benefit Society set up to deliver community resilience through community-owned renewable energy, energy efficiency and energy education. Read more

Financial performance

REACR aims to raise £1.35 million to construct and commission a 500kW wind turbine. REACR have already completed a successful pioneer raise of £300,000 for the turbine deposit and other costs.

Interest first payable

July 2016

Forecast return

IRR over project life.

7.5% (before EIS)

Social performance

REACR concentrates on projects that build community resilience against resource depletion, climate change and austerity through clean energy generation and community awareness.

  • Key social performance indicator

    731 metric tonnes per annum

    of carbon dioxide saved

Who benefits

REACRs purpose is to support local community resilience initiatives.

  • The Society aims to remove 200 homes from fuel poverty by reducing energy bills and at least 6 low-carbon jobs in the area.

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