Latest news: Community Share Offer now closed
We have now raised the full amount that is needed to pay for the installation at Capital City Academy. We are therefore closing the Share Offer.
How the fundraising is going so far (amount includes firm promises):
Provided by CoolFundraisingIdeas.net
Brent Pure Energy has finalised arrangements to install a large array of solar panels (300 kWp, amounting to 800 panels) on the roof of Capital City Academy in Willesden. More information here. The Community Share Offer Brochure is now available on this website, and we welcome investments of between £100 and £20,000, with a 4% interest return.
You can download the Community Share Offer here, and go to the Share Offer Page where you can find full details of the offer and how to apply.
Please let us know via the contact form if you have any queries about the offer, and we will reply promptly.
If you missed the Share Offer Launch event on 16th June, you can view all or part of it here.
Brent Pure Energy is a Community Benefit Society (a kind of co-operative) that aims to respond to the issue of Climate Change, locally, by delivering renewable energy schemes in the London Borough of Brent.
Our first project was the very successful installation of solar panels at Queens Park Community School that went live in August 2016.
Our second project was for two similar arrays on nearby Malorees Infant & Junior schools. The share offer was launched at Malorees Schools, Christchurch Avenue, NW6 7PB in June 2019, and raised £50,000 for a total of 52 kW of solar panels. These are now installed and generating electricity.
The schools benefit from low cost, renewable electricity. Investors are repaid capital and interest over 20 years.
With government subsidies now gone, it will be necessary to look for buildings where most of the solar electricity is consumed on site. Tenants will have to pay more for it, but at low inflation rate, so that a 20 year contract will still be attractive.