How much Community Benefit will there be?

We estimate the Community Benefit Fund to be approximately £700,000 over 40 years, which is an average of around £17,500 per year. This can be invested into other local actions to tackle climate change – which have to be both renewable, and benefit people in Reading and the Thames Valley but not necessarily located in the Thames Valley. The Board will ratify assessments of projects and propose to the shareholders which ones to support at the AGM.

To apply for shares go to our shares page, or email us at [email protected] if you have any questions.

Investment progress

Investment progress as of 16 Jan 2020.

The target line is a linear forecast based on £700,000 divided by the days between start and finish. The actual applications are the total value of the cumulative applications received to that date, it doesn’t take into account total pledges in the pre-registration phase or the actual payments received so far.

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.