The Low Carbon Gordano directors and all concerned with this fundraise would like to thank, most sincerely, all the investors, who have helped us raise the money to build the Moorhouse Farm Solar Array
The money raised will be used to fund the installation of the Moorhouse Farm Solar Array in North West Bristol.
£2.2 million pounds raised.
Target annual return on investment (subject to risks outlined in share offer document): 7%
Shares cost £10 each – minimum holding £500, maximum holding £100,000.
The share offer opened 5pm 18th June 2014 and closed 5pm 5 September 2014.
Moorhouse Farm Solar Array will consist of more than 7,500 solar panels capable of generating enough clean electricity to power 500 homes.
Investors will become part of a new enterprise that aims to pay a fair return on investment.
Surplus profits will go into a Community Fund to be reinvested in the local community by developing more low-carbon projects.
Mayor of Bristol George Ferguson said in a recent press release. "As European Green Capital 2015, we are delighted to be associated with Low Carbon Gordano's ambitious plan to build Bristol’s first large scale, community owned, solar array – the biggest of its type in the country. It is a great opportunity for citizens of Bristol and others to invest in our future, with the prospect of a healthy financial return."