Meadow Blue Community Energy

MBCE Share Offer

£500 minimum

Please note that this offer is now closed (as of midnight on the 24th of November). This information is no longer updated and is for reference purposes only.

Invest in renewable energy by buying MBCE withdrawable shares, which make you a member of the community benefit society, giving you a vote and the right to interest.

 

Merston Farm Solar Array

By Investing in MBCE you are helping to realise the development of the Merston Farm Solar array. The project will be a major renewable energy scheme for the area and will make a large contribution to the developing community energy sector in the UK.


Investment product type

Withdrawable shares can't be sold on to anyone else, but you can withdraw them by asking the Society to return your investment (subject to terms and conditions - see below). The price of a withdrawable share does not increase, although in some circumstances it can decrease. Read more


Financial return

MBCE are forecasting an annual return of 7% assuming the long term RPI averages 2.5% per annum (the average for the last 15 years is 3%). The project has applied for advance assurance for EIS and received advance assurance for EIS on 18th of November, so returns may be higher for eligible investors.

Returns to investors are not guaranteed.

Read more about the project finances and additional debt finance on the Financial Performance section.


EIS Qualification

MBCE has applied to receive Enterprise Investment Scheme (EIS) advance assurance from HMRC, which was granted on 18th of November.

Investors may be able to gain 30% of their investment back in tax relief. This can boost the return of the  project. Investors should seek advice if they require clarification on their tax status. 


Minimum investment amount

£500


Maximum investment amount

£100,000


Fees payable to purchase this product

Normal Fees Portfolio Subscriber Fees
None None

Statutory charges

None


Getting your money back

Members will have the opportunity to apply to withdraw some or all of their Shares from the Society from year 4 onwards.

Withdrawal of capital is at the directors' discretion but the society will create a reserve to return a proportion of capital back to investors from year 4.


How secure is your money?

You will only receive interest if the Society generates sufficient funds and if the directors choose to pay interest in line with their stated policy. Your original investment will not normally change in value, but it can reduce in value if the net asset value of the shares falls below their original value. 

This investment is not covered by any government compensation scheme.


Keeping track of your investment

The details of your investment are recorded on your share certificate and by the Society.

The Society will send out a full annual report once a year together with an invitation to the annual general meeting. 

If you subscribe to the Ethex Portfolio Service you can track your investment and follow the performance of the business in your personal portfolio.


Tax considerations

Interest is paid gross without deduction of any tax. You will also receive inheritance tax relief on these shares if they form part of your estate.


Voting rights

This investment entitles you to one vote in the Society, no matter how much or how little you invest.


Qualification

This investment is available to persons aged over 16 only.

Offer Closed

Read More

As of midnight on the 24th of November this share offer is closed.

Need help?

The Ethex team are here to help from 9am to 5pm

https://www.ethex.org.uk/savings--investments_16.html

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