Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Invest in community energy and be part of the solution

Environment shares
Bristol Energy Cooperative
Minimum Investment £100
Term Equity Investment
Instrument Withdrawable shares
£224,104
Raised
£1,000,000
Target
22%
£200k min. raise

Bristol Energy Cooperative

Community energy organisations like Bristol Energy Cooperative (‘BEC’) are member-owned and direct profits back into local communities.


BEC is a community-owned enterprise that was established in 2011. BEC is owned by members of the community in and around Bristol, and individuals further afield who share their values. Democracy is at the heart of what BEC does. They employ a one member one vote system which ensures everyone has an equal voice in the co-op, no matter the size of their investment.


In the last 13 years, the co-operative has grown to over 1,600 investor members. With their help, BEC has brought 20 solar and battery projects online, generating enough clean, home-grown electricity to power the equivalent of over 3,500 homes.




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“I was delighted to have the opportunity to invest in BEC last year to support the ongoing work to bring energy provision closer to the communities that use it. I believe that there is a great opportunity to change the balance of power, literally, from the centralised major corporations to generation and supply at source, giving people the opportunity to change and influence. BEC is actively working towards this outcome and I want to be part of and support that solution.”

Jessica, BEC investor member and non-executive director

The share offer

Through this latest community share offer, BEC hopes to raise £1 million. The co-operative will use these funds for working capital to support development activities and to finance the growth of its renewable energy portfolio. The intention for these investments is to add one megawatt of solar energy to projects over the next year.


Key terms

Issuer
Bristol Energy Cooperative (BEC)  
Product
Withdrawable shares, valued at £1 each. 
Target amount
£1,000,000 (1,000,000 shares)
Term
This is designed as a long-term social investment. Investors may request to withdraw their shares after three years, but any request is at the discretion of the directors and subject to sufficient funds being available. 
Minimum investment
£100
Maximum investment
£100,000 
Minimum raise amount
£200,000
Return
Target 6% interest rate, the actual rate paid will depend on BEC’s performance.
Reporting

Shareholders will become members of BEC and will be invited to attend BEC’s annual general meeting and receive BEC’s annual report and newsletters providing an update on BEC’s activities.

Transferability

The shares are non-transferable to third parties except on the death of a shareholder.

Withdrawal
Although shares in BEC are withdrawable, this is at the discretion of the directors, and you may not be able to withdraw the full amount you purchased if BEC does not have sufficient funds available at the time you want to withdraw your shares.
Timetable
The offer period is from 15 May 2024 to 5pm on 31 July 2024. The offer may be closed early if fully subscribed. The offer may also be extended for a further period at the sole discretion of the directors, in which case an interim close will be held on 31 July 2024 and a final close at a later date. Shares are issued 14 days after the closing date. 

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“I was delighted to have the opportunity to invest in BEC last year to support the ongoing work to bring energy provision closer to the communities that use it. I believe that there is a great opportunity to change the balance of power, literally, from the centralised major corporations to generation and supply at source, giving people the opportunity to change and influence. BEC is actively working towards this outcome and I want to be part of and support that solution.”

Jessica, BEC investor member and non-executive director

Bristol Energy Cooperative

Community energy organisations like Bristol Energy Cooperative (‘BEC’) are member-owned and direct profits back into local communities.


BEC is a community-owned enterprise that was established in 2011. BEC is owned by members of the community in and around Bristol, and individuals further afield who share their values. Democracy is at the heart of what BEC does. They employ a one member one vote system which ensures everyone has an equal voice in the co-op, no matter the size of their investment.


In the last 13 years, the co-operative has grown to over 1,600 investor members. With their help, BEC has brought 20 solar and battery projects online, generating enough clean, home-grown electricity to power the equivalent of over 3,500 homes.




The share offer

Through this latest community share offer, BEC hopes to raise £1 million. The co-operative will use these funds for working capital to support development activities and to finance the growth of its renewable energy portfolio. The intention for these investments is to add one megawatt of solar energy to projects over the next year.


Key Terms

Issuer

Bristol Energy Cooperative (BEC)  

Target amount

Withdrawable shares, valued at £1 each. 

Term

£1,000,000 (1,000,000 shares)

Minimum investment

This is designed as a long-term social investment. Investors may request to withdraw their shares after three years, but any request is at the discretion of the directors and subject to sufficient funds being available. 

Offer price per share & share bundle

£100

Target return

£100,000 

Share bundles

£200,000

Impact

Target 6% interest rate, the actual rate paid will depend on BEC’s performance.

Transferability

Shareholders will become members of BEC and will be invited to attend BEC’s annual general meeting and receive BEC’s annual report and newsletters providing an update on BEC’s activities.

Minimum raise

The shares are non-transferable to third parties except on the death of a shareholder.

Timetable

Although shares in BEC are withdrawable, this is at the discretion of the directors, and you may not be able to withdraw the full amount you purchased if BEC does not have sufficient funds available at the time you want to withdraw your shares.

Capital at risk - warning

The offer period is from 15 May 2024 to 5pm on 31 July 2024. The offer may be closed early if fully subscribed. The offer may also be extended for a further period at the sole discretion of the directors, in which case an interim close will be held on 31 July 2024 and a final close at a later date. Shares are issued 14 days after the closing date. 

Please note that payment of interest is not guaranteed and is dependent on Bristol Energy Cooperative's financial performance with payments at the discretion of the society's directors. Withdrawable shares in societies cannot go up in value, but they can go down.
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