Tamar Energy Community (TEC) have now reached the £290,000 maximum target for their share offer.
The offer is currently paused whilst a decision is being made as to whether to raise additional finance by issuing shares beyond the £290,000 target
|Investing in||Renewable Energy|
|Offer opened||14th September 2020|
|Offer closes||31st October 2020|
|Location of project(s)||Tamar Valley|
|Offer price, per share||£1|
|Minimum investment amount||£250|
|Maximum investment amount||£100,000|
|Min. raise for offer to proceed||£160,000|
Members should receive interest on their investment targeted to be at an annual rate of 5% with capital returned over 16 years. Interest will accrue from the date shares are allocated.
TEC provides support and services in four main areas: energy advice, local energy innovation, sharing knowledge, and community-owned renewables.
Learn more about key aspects of this share offer
Aims, social and financial performance, and how it's run
The information on this website is only a summary of the offer document.
Before applying for shares the whole text of the accompanying share offer document should be read.
If you are in any doubt about the information on this website, the content of the accompanying Offer Document 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.
The Ethex team are here to help from 9am to 5pm
01865 403 304