Low Carbon Gordano Limited is a co-operative for the benefit of the community.
Our purpose is to help the local community to reduce energy costs and become more sustainable by reducing the carbon footprint. More specifically we aim to raise funds to enable us to install renewable energy systems and use the surplus income from these systems to fund work that reduces people’s energy consumption – for example, by improving home energy efficiency.
The Low Carbon Gordano directors and all concerned with the fundraise would like to thank, most sincerely, all the investors, who helped us raise the £2.2 million pounds to build the Moorhouse Farm Solar Array.
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."