CfR helped Tamar Energy Community raise £340,000 through a community share offer to fund a portfolio of roof-top solar arrays. Tamar Energy Community is a not for profit community benefit society which provides independent energy advice and support, develops community owned renewable energy projects, and is working to understand how local people can benefit from...
Heart of England Community Energy (HECE) owns a 15MW (60,000 panel) solar array near Stratford-upon-Avon. CfR supported HECE through a 2 year process to secure a long-term low cost finance structure involving a £12million project finance loan from Triodos Bank, around £3million of junior finance from SASC Leapfrog and £1million of community bond investment. Heart...
CfR worked with Plymouth Energy Community / PEC Renewables to develop and finance 2MW of rooftop solar across 30 schools and community buildings in the city and a 4.1MW solar farm on a brown field site at Ernesettle Lane. The solar arrays were funded by 3 separate community share offers which raised a total of...
Burnham and Weston Energy CIC’s 9.3MW Wick Farm community solar array. The initial community purchase of the solar farm was funded by an £11million loan from Leapfrog Finance (completed Oct 2016). This was refinanced through a £7.4million 16-year loan from Triodos Bank (completed Dec 2017) and a £4million 18-year community bond offer (completed Sept 2018),...
In 2016 CfR helped raise the finance to build a 5MW community solar farm near Selsey, West Sussex. The construction finance was raised through a community share offer which raised £305,000 with the balance of funding from commercial EIS fund – TriplePoint Investors. In March 2020 the solar farm was brought into full community ownership,...
