Don’t invest unless you’re prepared to lose all the money you invest. This is a high - risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Don’t invest unless you’re prepared to lose all the money you invest. This is a high - risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Bristol Energy Co-operative

Renewable Energy - Community Shares

58% raised
5%

Forecast
return

Investors
260
Hours left
0
Raised so far
£581,190

Bristol Energy Cooperative (BEC) is a not-for-profit, community-owned enterprise that delivers groundbreaking community-owned renewable energy installations that benefit the entire community.

Clean energy

Target
£1,000,000
Min raise
£100
Offer opened
12/04/2023
Closing date
12/12/2023
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Bristol Energy Cooperative
Society no. 31313R
Bristol, UK
Incorporation date: 12 July 2011

Your money will…

  • Take action against climate change by funding the delivery of a portfolio of pioneering clean energy projects in Bristol and south west England.

  • Champion innovation by supporting the development of low-carbon energy generation that helps communities cut energy bills.

  • Help create a greener, resilient legacy for the next generation, supporting BEC to democratise energy ownership.

  • Earn a potential financial return Investments in the share offer target a return of 5%

The bigger picture

Bristol Energy Cooperative is a ground-breaking community-owned energy cooperative, dedicated to increasing clean energy generation, directly tackling climate change and delivering benefits to the whole community.

  • Since 2011, BEC have developed 17 clean energy generation projects around Bristol, generating enough energy to power 3,250 homes.
  • They create a massive positive impact by recycling revenues to community benefit initiatives, with over £350,000 already invested in social and environmental initiatives.
  • Recently they completed a 1MW rooftop PV install at the second Bottleyard Film Studios, which they believe to be the largest community rooftop solar array in the UK.
  • Their outstanding model is highly successful and with further funding, they can scale up and achieve so much more.

Where your money goes

It’s your money so it follows that you want to know where it goes and what kind of impact you’re making:

  • It will support the growth and continued momentum of BEC by funding their next schemes in their renewable energy project pipeline.
  • It will fund the development of new rooftop solar schemes and battery storage projects that will be key to Bristol achieving its net zero goals.
  • It will help deliver subsidised green energy to the local community, helping families who are struggling with the energy and cost of living crisis.
  • It will generate more revenues that will be reinvested in impactful social and environmental community initiatives around Bristol.

Team

Our directors have worked in the financial, environmental, construction, energy, and IT industries, as well as the cooperative, social, education and company director sectors.
https://bristolenergy.coop/

Bola Adebanjo

Director

Bola is an ACCA Qualified Chartered Accountant (FCCA), MIT Certified Artificial Intelligence Strategy Professional with an ongoing Doctorate Degree in Data Science.

An IT Consultant with over 20 years’ Transformation / Process re-engineering, Mergers & Acquisition, Divestment & Project Management experience, partnering with business executives to shape enterprise-wide strategies and aligning Business & IT roadmaps to achieve corporate goals.

She has work experience spanning across 46 countries in Europe, Africa, Asia; LATAM, North America, ANZ and Middle East. As a working mother, she is passionate about family & society values, green energy and environmentalism.

Kat Blacklaws

Director

A passion for renewable energy and its social as well as environmental benefits led to Kat completing an MSc in Sustainability at Leeds University, focusing on the community benefits of two wind power projects.

Kat has spent over 5 years working in research roles within energy and environmental consultancy, and also has a passion for waste prevention, volunteering with food-waste prevention charities and writing about the benefits of reusable menstrual products.

Kat joined Bristol Energy Cooperative following a career break spent travelling in Asia, which included completing yoga teacher training in India.

Andrew Lee

Director

As an architectural technician, Andrew brings his experience of construction, including knowledge of building regulations, to the BEC board. Andrew works on both domestic and commercial schemes, developing the designs from initial concept design right up to final completion.

Degree educated, Andrew is also a qualified computer programmer. When the Feed-In-Tariff was introduced, Andrew was keen to get involved with installing solar panels and joined the BEC board.

Andrew is also the Treasurer (and a Trustee) of Portishead Town Band, and previously the Chairman of the Bristol East & Kingswood Band.

Andy O’Brien

Director

Andy is a founder director of Bristol Energy Cooperative. He has 15 years’ experience in IT and project management, including work for Triodos Bank and Bristol City Council.

For the past 10 years, in addition to being a BEC Board member, Andy has been the Coop lead for project development. During this time he has amassed considerable experience in the financial, regulatory and legal aspects of the renewable and community energy sectors, as well as the management of a successful community energy business. He is PRINCE2 trained, has a Post Graduate Certificate in Education, and a degree in modern languages. He previously taught for 10 years in the secondary and FE sectors, and overseas. He also founded Sustainable Westbury-on-Trym.

Simon Pyne

Director

Simon runs a consultancy advising organisations on how to decarbonise, which to-date has helped clients identify and implement more than 1000 tonnes of annual of emissions supported by £4m of grant funding, and helped 10 young people get experience in low-carbon careers.

At home, he practises what he preaches and acts as an ambassador for Bristol Green Doors, promoting low carbon homes. Simon also holds a degree in Environmental Science.

Daniella Radice

Director

Daniella is an environmental campaigner and politician. From 2013 to 2016 she was a Green Councillor for Bishopston Ward on Bristol City Council. She was also cabinet member with responsibilities for Neighbourhoods.

Daniella has worked as an environmental advisor in both the waste and rail industries, more recently she has project managed the growth of the national street play movement and worked in the environment consultancy sector. She currently works as a political advisor for the Green Party.

Peter Thompson

Director

Peter brings a wealth of experience from senior appointments in the technology sector to the role of chair of Bristol Energy Cooperative in order to ensure good governance and set its strategic direction. He is currently a consultant in the telecommunications sector.

With an academic background in Mathematics and Physics, including a first from University of Warwick and a Certificate of Advanced Study in Mathematics from University of Cambridge, Peter also successfully completed a qualification in sustainability from the Schumacher Centre.

His interest in renewables carries over to his personal life, and he has heavily insulated his loft and installed solar PV on his roof. But he sees community energy as bringing the significant change the environment needs.

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Interest accrual and payment

Shares will start earning Interest on 01/09/2023.

Investors can expect their first interest payment on the 30/11/2024.

Getting your money out

Bristol Energy Co-operative is offering community shares which are "withdrawable" shares. These cannot be bought or sold on any market place and are not transferable. 

Although shares in BEC are withdrawable, this is at the discretion of the directors, and you may not be able to withdraw the full amount you purchased if BEC does
not have sufficient funds available at the time you want to withdraw.

Investing on behalf of children

This offer is eligible for investment on behalf of children.

If you wish to invest on behalf of a child then you can do this at the end of your online order process.

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