News Article
Co-operative Raise £3.5 Million For Solar Farm
Westmill Solar Co-operative Ltd is a small, dedicated team passionate about community renewable energy.
Weatmill Solar Co-operatives aim? - to purchase the Westmill solar farm, a 4.4 MW solar farm, generating enough power for 1,400 average homes.
The site has been built and operating since July 2011. The aim of the share offer is to purchase the plant for the benefit of the community from its current (private) owners and run it as a community scheme as was first intended when the plant was built.
Westmill solar have now reached £3.5million share sales in 5 weeks, which may be a new record for the speed of fund raising.
To date and with 9 days to go before the share offer closes on 31 July 2012, there are 900+ investors.