‘Sparkling’ investments made for Grimsby Community Energy
SOLAR POWER: Grimsby Community Energy installation at E-Factor's Enterprise Village. Vicky Dunn and Ivan Aisthorpe.
By Grimsby Telegraph | Posted: 8 Jun 2017
GRIMSBY Community Energy received £9,000 in funding in the first 24 hours after the new share offer opened.
The solar-focused organisation, launched following initial success from the town's freemen with Freeman Street Market, has commissioned several installations from a first tranche, and is now pushing on.
The latest investments bring the total to £14,800 from 11 keen supporters.
Chairman Richard Bellamy said: "Every £1 invested by local people will be matched by the Power to Change Community Shares Booster Programme.
"This shows their confidence in us, so, we have got just under £30,000 now and most of a month still to go."
This community share offer window closes on June 30.
Director Vicky Dunn added: "We are delighted local people are getting involved. Some have made small investments and some much larger. All are equally valued. We hope to pay 4 per cent interest each year, and they can see their investment sparkling on the rooftops in the form of our solar panels.
"You don't get that with the bank!"