A Welsh energy co-op has raised £750,000 with a share offer scheme. Swansea-headquartered Egni Coop, which develops rooftop solar energy facilities in Wales, now plans to raise a further £750,000 which will enable it to borrow less from the Development Bank of Wales. Dan McCallum, Egni’s co-director said: “We are delighted to announce we’ve reached our initial £750k Share Offer target. It just shows that people across the UK know that climate change is important and want to invest in something ethical which is delivering solar energy. “It also helps that we’ve developed the Awel wind farm www.awel.coop which has repaid its members at five per cent interest a year so people have confidence in us.
Insider Media 7th Oct 2019 read more »