More time for shares to be brought in community project

Wight Community EnergyWight Community Energy has announced that the deadline to buy shares in the Island’s first community energy scheme has been extended to 30th June.

Whilst over £355,000 of the £800,000 target has been taken up by investors, the extension is a reflection of feedback received following events by WCE across the Island where prospective investors indicated that additional time was required for them to make their investment.

This move also reflects the importance being placed by WCE on Island residents becoming members of the community energy project, who will not only receive a projected annual return of 7% on their investment but also have a say in how an estimated £2.4m fund will contribute to community projects across the Island.

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