Community Energy Birmingham (CEB) has some exciting news. It is looking to grow its existing portfolio of renewable energy generation on community energy buildings in Birmingham, and has recently launched a new share offer.
CEB — which is a community renewables co-operative registered as a Society for Community Benefit — already operates six solar PV systems in Birmingham on community buildings where the organisations receive the benefit of clean and reduced cost electricity. It has now identified a new community project in time to benefit from the final stages of the government’s Feed in Tariff payment before the closure of the scheme on 31 March 2019. This will be CEB’s largest solar roof to date, with a peak capacity of 50 kW. The total investment opportunity is around £44,000 and CEB reports that 40% of this amount has already been raised.
CEB’s investors are drawn from local people of Birmingham. As an investor you would receive 4% interest on your shares, knowing your money is being invested ethically. The minimum investment is £250 and an installment plan is available.
If you are interested in investing in this share offer but would like someone to talk you through the process you can send mail to CEB.