Oakapple One plc have raised £480,000 to purchase a 0.435 MWp portfolio of roof-top solar PV systems on newly built residential properties across the UK.
Abundance are working with Oakapple One to offer the opportunity to invest in the project from as little as £5.
The Oakapple One scheme will generate enough electricity to power 90 homes. The homeowners will receive free electricity whilst the investor's return will come from subsidies paid by the government's Feed-In Tariff scheme. Read more
Oakapple One plc is newly established following a successful debenture raise that ended in September 2013. It forecasts the returns below:
Occupiers of the homes fitted with solar panels will receive all the energy they generate for free.
Andy: "There are two solar panels on the roof and they're incredibly efficient"
Yvonne: "I have to say actually it's the warmest house we've ever lived in."
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