Zoe Cohen, Chair of Low Carbon Lymm says “We are delighted to announce that Lymm Community Energy has now been formally established as a Community Benefit Society with the Financial Conduct Authority.”
Lymm Community Energy (LCE) has been set up by Low Carbon Lymm in collaboration with Warrington Borough Council. LCE is a new social enterprise which will create opportunities to invest in Lymm’s energy future. As a Community Benefit Society, LCE will enable local people and organizations to invest in renewable energy installations that benefit the local community. LCE is the first community energy company in Warrington.
LCE will raise funds by issuing shares to investors who will then become members of the Society. Our first projects will be solar photovoltaic (PV) systems fitted to community buildings. The occupants of the buildings will get lower cost energy, whilst the investors will get a return on their investment – and any surplus will fund community energy efficiency projects.
LCE aim’s to install systems on buildings that benefit as many community members as possible, such as schools, community centres, libraries, church halls and sports clubs. We plan to open our first share offer early in 2015 and for our first scheme to be operational in Spring/Summer 2015.
You can pre-register for a prospectus for this investment in LCE by emailing us at email@example.com. Alternatively you can call Richard Pearce on 01925 754480.