How will the £700,000 be spent?

If you decide to invest in Reading Hydro you are investing in a sustainable future. Once the scheme is built and operating profitably, we are aiming for a long-term interest rate payment of 4%, or to match the inflation rate if this is higher. By investing, you become a member with one vote. The Directors will recommend to the Members what return and capital to pay to investors (subject to the maximum rates above) and how much is available as a benefit to the community. The Society is expecting to repay 75% of the capital raised over the first 20 years of the project, with the remainder over the life of the project. “If you invested £1,000, our financial model would expect to pay about £330 in interest over the next 10 years, and to repay you £300. The remaining £700 will still earn interest and be repaid gradually, but may be repaid earlier if you need it .”

Please be aware, however, that your investment in Reading Hydro is not without risk, and there is a possibility that you might lose some or all of it. Do contact us if you have questions and do discuss your investment with someone you trust.

You can find more detail in our share document or please email us at [email protected]

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