Community Funded
In total, the scheme cost around £330 000. A community share issue raised over £125 000, with grant funding providing another £165 000. The shareholders are mostly local people and businesses plus people from further afield who wish to support renewable energy schemes.
Community Owned
Our members - the 230 shareholders - own the scheme. The two annual general meetings (AGMs), held in the Revival Church in New Mills, have attracted several hundred attendees. AGMs will be held each November.
Community Benefits
We held a series of well attended open afternoons over the summer and have commenced an educational programme with local schools. This pioneering scheme has generated nationwide interest and has put New Mills on the map. Future profits from the scheme will fund a community grants programme.
Inspirational
We hope to encourage others to think about the challenges that climate changes presents us all. We have been delighted that the project has inspired a number of local artists.
