New Share Offer coming soon – NLCE intends to pay annual interest rate of 5% on Shares

North Lincolnshire Community Energy are in the final stages of preparing a new Share Offer for members of the community to invest in the organisation. We are expecting to produce returns that allow us to pay an interest rate of 5% to members as well as create a surplus to do more, initially by supporting the installation of more solar panels and potentially enabling us to undertake other low carbon activities.

We are seeking to raise £700,000 through the Share Offer which will fund our next solar Sites (so far five have been agreed) as well as repaying our original loan and enabling us to receive the balance of the Towns Fund Grant for further work in Scunthorpe.

The minimum investment will be £50.

The full share offer will be announced shortly. Please click ‘Register your interest‘ and use the form to be notified when the Share Offer goes live, or have a look around the website to find out more about NLCE and which sites in the community have already benefitted from solar panels.