Share offer fully subscribed!
We’re delighted to announce that Llangattock Green Valleys Micro Hydro (1) Co-operative Limited is now fully subscribed.
Thanks to all 100 of our investors for ensuring we reached our £270,000 target.
And if you didn’t get round to investing, or would like to invest in further micro hydro schemes, the good news is that our second micro-hydro co-operative share offer is set to launch on 4 March 2014.
The new share offer will run along very similar lines to our first share offer, but this time round we’ll be seeking the added incentive of Seed EIS, a relatively new Government tax incentive that offers investors 50% tax relief on the value of their investment, plus other tax benefits in terms of capital gains.
Seed EIS is only available on the first £150,000 of investment into the co-operative, so we’ll be
giving priority for these shares to members of our first co-operative, and to LGV members, with shares available for two weeks only from 17 February 2014, ahead of the official launch on 4 March.
To register your interest now, and ensure you receive updates, please fill in the form below.