Linton Hydro raised £2,500,000 through their bond offer in order to develop a new pre-accredited 280 kW hydro power scheme and acquire a 100% shareholding in an existing 100kW hydro power scheme at Linton Lock near York, North Yorkshire.
Linton Hydro Limited is a private limited company. Its 2016 bond offer helped develop a new pre-accredited 280 kW hydro power scheme and also to acquire a 100% shareholding in Flowpower Limited which operates an existing 100 kW hydro power scheme adjacent to the site. Read more
Linton Hydro raised £2,500,000 through their 2016 Bond Offer which is being used to construct the Linton Lock scheme and to acquire and refinance Flowpower Limited.
30 June 2019
7.5% gross per year
fixed and payable in arrears on 30 June
Across its two schemes, Linton Hydro is expected to generate 1.87 GWh of electricity per year, enough to power around 450 homes (based on the most recent statistics from the DECC).
The Linton Lock scheme is being developed with consideration to its wider environmental impact.
As part of the development of this scheme a modern fish pass will be installed alongside the turbines. Currently migratory fish species struggle to progress upstream to their historic spawning grounds due to difficulty in passing the lock.
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