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Hastings & St. Leonards on-line community newspaper
Image provided by Energise South

Image provided by Energise South

Join a community venture: make a difference

£400,000 share offer is now open. Energise South Society is a community benefit society that intends to install solar PV on schools and community buildings in the Hastings area, raising the funds needed through a public share offer. Tracey Heaword writes.

To date, Energise South has raised £80,000. Work has already commenced on the first installation.

Local people can:
·     Become a member
·     Subscribe for 50 to 30,000 £1 shares
·     Expect annual interest payments on shares of 5%
·     Build a fund for local community benefit
·     Engage in a democratic process, one member one vote
·     Help create a greener future for our children

Director Richard Watson said: “We want as many local people as possible to join Energise South to deliver this community venture and make a difference to becoming zero carbon. We are excited to be in the process of planning more solar installations at our local schools.”

Energise South is supported and assisted by Energy4All. Energise South is one of the family of twenty-six community energy co-operatives developed by Energy4All, demonstrating the power of co-operation in the renewables sector.

Marna McMillin, Director of Energy4All said: “We are really pleased to be working with such enthusiastic people at Energise South and aim to help them achieve their mission to make a difference in the progress of the South East to zero carbon by 2030.”

If you are interested in finding out more about Energise South Society, please visit www.energisesouth.coop or contact tammy@energisesouth.coop

The share offer is open until 30 November 2019.

Energy4All is owned by the community co-operatives it creates and is unique in the UK. It was established in 2002 and has since then raised over £70 million to fund 26 community owned renewable energy co-ops throughout the UK. 

Posted 17:05 Wednesday, Oct 9, 2019 In: Energy Wise

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