PEC Renewables are seeking to raise £1,055,000 through this share offer. The aim is to keep their completed 4.1MW array as a long-term community-owned asset, by refinancing it, with a combination of a loan from Plymouth City Council and community shares.
PEC Renewables has been set up by Plymouth Energy Community to deliver a range of renewable energy projects in Plymouth. Plymouth Energy Community was created with support from Plymouth City Council in order to tackle the challenges facing Plymouth from climate change and fuel poverty. Read more
PEC Renewables aim to raise £1,055,000 through this Share Offer, to provide a loan towards refinancing the recently completed 4.1MW solar array.
Read the latest project update here.
interest per year
PEC Renewables has already raised £1,450,000 in community shares and as a result 30 schools and local organisations have received 32 free solar roofs; saving them approximately £90,000 per year on electricity bills and providing a valuable educational resource.
Plymouth Energy Community established PEC Renewables to install and operate renewable energy generation installations in Plymouth for the benefit of the community.
will support more investments in the local community by generating surpluses estimated at £2,900,000 over the next 25 years.
The Ethex team are here to help from 9am to 5pm
01865 403 304