The latest Schools Energy Co-op share offer is now closed, having smashed through its initial target of £510,000. The final figure raised was £675,000. Thank you to all those who invested, and welcome to new members of the scheme. You can read more about the scheme here.
Ealing Transition is again working with the Schools’ Energy Co-operative and Ealing Council to install solar panels on local schools, giving them reduced electricity bills and helping to reduce carbon emissions.
We have recently secured a further £30,000 grant from the Mayor’s London Community Energy Fund, allowing us to progress four new schools and children’s centres, with more to follow by spring 2020.
Ealing residents may be interested to invest. Schools’ Energy Co-op has opened a share offer to raise £510,000. This is open to everyone and will pay 4.5% gross interest per annum from 1st April 2020.
If you would like to invest in this initiative, you can download a copy of the Share Offer Document at http://www.schools-energy-coop.co.uk. The minimum investment is £100. If you have any questions, please contact email@example.com.
This project forms part of our ongoing effort to work towards a fossil fuel-free, decentralised energy future. It is also an opportunity for local people to invest in their community and to play a part in a greener, more sustainable world.
Ealing Transition are marketing and managing this project locally but are not legally involved. You will be dealing directly with the Schools’ Energy Co-op, an established social enterprise which has successfully installed community-funded solar panels on 62 educational buildings throughout the UK. Ealing schools are ‘pooled’ with other schools from around the UK.
We are obliged to say that this is a long term investment in shares to deliver an environmental and social impact as well as a financial return. As with any investment product, your capital is at risk and may not be readily realisable.
Join us in the morning of Saturday 16th November 2019, for a presentation by Andrea Carnevali, the driving force behind Chiswick Oasis, a project instigated to drastically improve the air quality of St Mary’s School, Chiswick.
St Mary’s is situated directly next to the A4 and had one of the poorest air quality assessments in London. Thanks to Andrea’s energy and enthusiasm, the school was transformed: it now has a living green wall filtering the air from the nearby road, an air purifier and low VOC paint inside the school, and a “no-car Friday” scheme in place to reduce traffic.
We are thrilled that Andrea can join us on Saturday. There should be much to discuss – to inspire and encourage us to tackle this problem in our own schools in Ealing.
Meeting: Saturday 16th November 2019 @ The Polygon, St Mary’s Church, Ealing, W5 4RH – 10.00am to 11.45am (doors open at 9.45am).
This event is in addition to our “Need to Grow” film screening taking place on Sunday, 17th November 2019.