BECOME A PIONEER INVESTOR IN READING HYDRO

Announcing the Launch of Reading Hydro Pioneer Share Offer

We’re excited to announce the launch of our Pioneer Share Offer for Reading Hydro CBS. This is an initial investment round to support the early stages, including outline design work to ensure the viability of the project. You can support and invest in Reading Hdyro here!

Our Initial Pioneer Shares

We have got as far as we can supported by initial grants from the Reading Climate Change Partnership and the Department of Energy & Climate Change (now BEIS). All alongside countless hours from the support and work of our wonderful volunteers and growing community (that’s you).

 

Now we need to move quickly to the next stages! The government is ending the Feed In Tariff for renewable energy at the end of March 2019. In order to secure this extra income, essential for the viability for the project, we must register our scheme with Ofgem before then. We are working to achieve all the necessary permissions. In parallel we are commissioning an Outline Design for the project by an experienced contractor.

You can buy into our Pioneer Share Offer to kick start this project work. This will cover project permissions costs and the commissioning of the outline scheme design.

After all this we will be able to do a full design for the project, make our Main Community Share Offer, and build the scheme.

Without the money raised from this Pioneer Share Offer the project won’t happen for years.

All Pioneer Share owners will be members with a vote in our Community Benefit Society, be eligible to have their investment repaid over time once the scheme is up and running, and gain other perks along the way. If the scheme cannot be built the Pioneer Shares will not be able to be paid back.

Your money is at risk if the project fails; your support makes it more likely we will succeed.

IF YOU’RE INTERESTED TO FIND OUT MORE, INVEST IN SHARES, OR SUPPORT IN WHATEVER WAY YOU CAN, THEN PLEASE READ MORE ABOUT OUR PIONEER SHARE OFFER ON CROWDFUNDER.

JOIN US AT READING TOWN MEAL – 29th September 2018

There’s a distinct chill to the air, the leaves are turning hues of gold and rust red, drifting and floating down the river. Alongside this the squash are ripening! This means its most definitely Autumn and it’s time for the glorious Reading Town Meal .

This year, we’re delighted to be teaming up with The Reading Sustainability Centre to be popping-up in Forbury Gardens on Saturday the 29th of September from 12 to 4pm.

Alongside the delicious free veggie food that will be distributed, cooked by Reading College catering students and made from donated veggies from local allotment holders and home growers. There will be lots of interesting workshops, stalls, live music and yes, us, to come and chat to and share your eco waste and energy tips that we’ll be harvesting for Reading.

It will be a chance to chat with us to find out more about both organisations, where we’re up to with the project, as well as join as a member or get involved volunteering to help make Reading more sustainable.

We’ll give you a little tip in advance. Make sure you’re there early as the food goes fast!