Despite the late start in promoting our share offer, we managed to get halfway to our target in 5 weeks, raising £153,400 so far from 87 prospective members – already a new record for a Sharenergy project despite competition from some other big co-op share offers out there. As we’ve had such a good response we have decided to extend the share offer as provided for in the share offer document. August is perhaps not the best month to be promoting anything so we’re going to extend until the end of September – midnight on 28 September 2012 to be exact. In the interim we are arranging bridging finance so we can get on with our first install as soon as possible – and before it gets really cold! We’re afraid that existing applicants will now have to wait a little longer for their share certificates - and those who have kindly lent us development funds will have to wait a bit longer for repayment, although many of them have simply opted to have their loan repayment recycled into shares – thank you.
Share Offer Extended until 28 September
Despite the late start in promoting our share offer, we managed to get halfway to our target in 5 weeks, raising £153,400 so far from 87 prospective members – already a new record for a Sharenergy project despite competition from … Continue reading →