Invest

Thinking of investing in community hydro?

Invest, The plan, Who supports the plan?

Breaking News!!!

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Fantastic breaking news – Reading Hydro has received a boost to our share raise, thanks to an offer of a £100k investment from Power to Change. With this we have reached our £700k target! Thank you so much to everyone who has invested.

Invest, The plan

Are the interest rates limited?

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Once the scheme is up-and-running, we aim to offer 4% interest to investors each year (or at the rate of inflation if that is higher). The rate is not guaranteed, it will be agreed by Reading Hydro members at the AGM and depend on the income and costs during the previous year. You can invest and chose not to receive interest.

Invest, News, The plan

Minimum Target Reached

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We hit an important milestone today when our application went passed the minimum amount of £426 K so we are in a position when we can actually start the ordering process. Applications now stand at £435,993 which is 62.3% of the £700,000 total.

Invest, The plan

How much Community Benefit will there be?

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We estimate the Community Benefit Fund to be approximately £700,000 over 40 years – an average of £17,500 per year. This can be invested into other local actions to tackle climate change. Email us at reading.hydro.cbs@gmail.com with any questions. #rdguk #sustainable #greenenergy

Invest, The plan

Investment progress

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As you can see we are tracking well ahead of that target line, but there is still some way to go. So please keep up your promotions efforts, and tell your friends about the project. #rdguk #sustainable #greenenergy

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