This Bond Offer is to help raise up to £1.1m to help fund fund a 4.17MW community solar farm near Buckingham that has been generating energy and income since June 2016.
Gawcott Fields Community Solar Project is a Community Interest Company (CIC) that has been established to fund and operate a community solar farm at Gawcott Fields Farm between the village of Gawcott and Buckingham. Read more
This Bond Offer is being launched to help raise £500k towards the capital needed to build the 4.17MW community solar project.
interest per year
Gawcott Fields CIC operates primarily to benefit the Local Community through generating low carbon electricity and income to help fund local community organisations and projects, including energy and fuel poverty initiatives.
Surplus income generated by the Community Solar Farm (after operating and finance costs) will be used as a community curplus to provide funding for community organisations and projects in the local area.
The project will generate an estimated minimum community surplus of £20,000 per year for the first 15 years rising to £50,000 for years 16-20.
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