This bond offer aims to raise £4.5m for the development of the Our Power social enterprise into a profitable and progressive energy supply company working to make energy fairer and reduce levels of fuel poverty.
Edinburgh, Scotland (operating over UK)
Our Power is a new energy supply company set up in 2016 as a social enterprise by progressive Scottish social housing providers to make energy fairer and reduce levels of fuel poverty. Read more
This bond offer aims to raise £4.5m to fund Our Power's working capital to help deliver a profitable business with a £100m turnover by 2021.
6.5% gross interest per year
Our Power as a social enterprise operating in the power supply market has a number of positive social impacts including tackling fuel poverty, providing employment opportunities and supporting the social housing sector.
Our Power have been set up to carry out business for the benefit of the community by reducing fuel poverty, reducing dependence on fossil fuels and shielding people from rising energy prices.
It is estimated that around 3.5m households in England, Scotland and Wales live in fuel poverty, meaning that people in those households cannot afford to heat their homes at all times that it is needed.
The Ethex team are here to help from 9am to 5pm
01865 403 304