Solar for Schools CBS

Unsecured Bonds (Offer VI)

100% raised
2-5%

Forecast
return

Investors
134
Days left
93
Raised so far
£946,012

Solar for Schools works with schools and communities to deliver carbon and cost savings with solar energy.

IFISA
Clean energy

Target
£950,000
Min raise
£100,000
Offer opened
17/03/2021
Closing date
31/10/2021
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Solar for Schools CBS Ltd

Company  number: 7364
Bury St Edmunds, Suffolk 
Incorporation date: 8th July 2016 

Your money will…

  • Take decisive action to tackle climate change by funding solar panels on UK schools.

  • Replace existing expensive debt with more affordable finance so more schools can generate their own clean energy that is cheaper than they would otherwise pay.

  • Provide innovative education resources linked to the solar panels to inspire the next generation and their parents to decarbonise faster.

  • Earn potentially tax-free interest. Your investment will target a return of 2% +RPI (min 2% max 5%) and is eligible to be held within an IFISA.*

The bigger picture

Installing solar on schools has multiple benefits. Besides generating cleaner and cheaper energy for the schools, students get to experience solar power firsthand, helping them understand the challenges society faces and inspiring them to learn more and take positive action. 

    • Every £50,000 invested into Solar for Schools saves around 300 tonnes of CO₂ over the lifetime of the panels, about the same as not flying to Australia and back 15 times.
    • To date, installations by Solar for Schools have generated 19,228 MWh of solar electricity, enough to drive an electric car around the world 2,399 times.  
    • This has avoided 7,802 tonnes of CO2 and inspired approximately 80,000 students to fight climate change. 
    • Solar for Schools work with pupils on educational programmes, giving them invaluable insights into the future of renewable energy generation.

    *IFISA eligibility depends on investors' individual tax status and current legislation.  

Where your money goes

Solar for Schools will use your investment to install new solar systems onto school roofs. Every £50,000 invested in solar panels on schools via Solar for Schools CBS will:

    • Fund the purchase and installation of around 200 solar panels (60kWp) on UK school roofs.
    • Generate enough electricity each year to drive an electric vehicle around the world 6 times.
    • Inspire and educate a future generation on the importance of clean energy generation.
    • Save a school between £30,000 and £70,000 in electricity costs over the lifetime of the system.

Team

Solar for Schools CBS is a community benefit society whose membership is made of the schools which benefit from their rooftop solar installations - https://www.solarforschools.co.uk/funding/cbs

Ann Finlayson

Chair

Executive Chair of SEEd, the Sustainability and Environmental Education Charity and Founding Member and Chair of the Sustainable Schools Alliance.

Peter Roberts

Director

Senior Project Manager Technical Advisor to the Department of Education.

Julian Leslie

Director

Head of Network Capability Electricity at the National Grid .

Marino Charalambous

Director

CEO of CHATS Academy Trust.

Helen Bates

Director

Assistant Director (School’s Services) at the Roman Catholic Diocese of East Anglia.

Nathan Odom

Director

Head of Estates and Admissions for the Discovery Schools Academy Trust (DSAT).

Robert Schrimpff

Director

Co-Founder & CEO of Solar Options for Schools Ltd.

Ann Flaherty

Director

Business & Project Director for Solar Options for Schools.

Team Member Position 9

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Interest accrual and payment

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Interest accrual and payment

Interest will accrue from the interest start date (3 months after drawdown from Ethex) and interest payments are projected to be made annually on 31 October of each year.

Getting your money out

These bonds are transferable but are not listed on any investment exchange. Investors will not be able to withdraw their investment until the end of the term of the bond.

Investing on behalf of children

Investments into this bond offer are not able to be held on behalf of children.

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Solar for Schools works with schools and communities to deliver carbon and cost savings with solar energy.

Investments offered on the Ethex platform are not readily realisable, which means that they may be difficult to sell and you may get back less than you originally invested. Investments are not covered by the Financial Services Compensation Scheme (FSCS) and returns are not guaranteed. If you are in any doubt, you should contact an Independent Financial Adviser.

Investments offered on the Ethex platform are not readily realisable, which means that they may be difficult to sell and you may get back less than you originally invested. Investments are not covered by the Financial Services Compensation Scheme (FSCS) and returns are not guaranteed. If you are in any doubt, you should contact an Independent Financial Adviser.