Gower Regeneration

Share Offer

£300 minimum (£100 for residents of the City & County of Swansea)

Gower Regeneration is a 1MW community-owned solar farm providing clean energy whose financial surpluses will fund community projects.


Minimum raise for offer to proceed

£500,000


Financial return

Gower Regeneration is forecasting that investors will begin accruing interest at 5% on their share investments, starting in 2018. 

Payment of interest and capital is not guaranteed and is dependent on the continued success of Gower Regeneration's business model.


Social return

By investing in Gower Regeneration you are investing in a community business which will be run for the local community, by the local community and provide enough clean energy to power 300 households

Gower Regeneration Ltd will use profits that it generates from the sale of electricity and from subsidies to invest into initiatives in the local area which build the rural economy in a way which won’t cause harm for future generations. The Society will identify, develop and support projects that are socially focused, ecologically sensitive and celebrate the natural heritage of the local area.


Minimum investment amount

£300 minimum (£100 for residents of the City & County of Swansea)


Maximum investment amount

£100,000


Fees payable to purchase this product

Basic account Member account
None None

Statutory charges

None


Getting your money back

Withdrawable Shares in Gower Regeneration are non-transferable except on death or bankruptcy or (in the case of an unincorporated organisation or partnership) on a change of nominee, and therefore cannot be sold to a third party or traded. There is no prospect of the Withdrawable Shares being worth more than their nominal value of £1.

It is possible to withdraw shares from two years from the date of share issue, giving three months’ notice. However, it is important to note that any withdrawal is at the discretion of the Directors and subject to sufficient funds being available.

In exceptional circumstances, if the society is under financial stress, the Withdrawable Shares could reduce in value; this decision would be at the discretion of the Board of Directors.


How secure is your money?

Payment of interest and capital is not guaranteed and is dependent on the continued success of Gower Regeneration's business model.

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.

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

Share certificates are issued directly by the Society, not by Ethex.


Tax considerations

From the 6 April 2016, UK basic rate taxpayers are able to earn up to £1,000 in savings income tax-free.


Qualification

This investment is available to persons aged over 16 and to organisations.


Provisions on death of a Member

In the event of the death of a member, a formal request for repayment of Withdrawable Shares by a legally appointed representative of the member’s estate will be prioritised over other requests.

£722,00067%
Applied for to date, of
£1,085,000 target

Need help?

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

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

Invest and save with Ethex to

make money do good

You can browse, compare and invest in a range of products on Ethex platform from bank accounts and ISAs to equity investments and charity bonds that offer a social/environmental as well as a financial return. All you need to do is get started...