2.5% + RPI

Target Return P.A.

20 years

Term

NOT ELIGIBLE FOR IFISA

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Our Community Energy (OCE) Bond Offer

* Invest as part of the first £930k and earn an extra 1% interest during the first 12 months.

We are excited to invite you to invest in Our Community Energy’s very first bond offer. The purpose of this fundraise is to raise bond investment to enable Our Community Energy to acquire the Pogbie 1 Wind Farm; generating energy in East Lothian and Berwickshire, and supporting our goal to deliver low cost energy to fuel-poor families.

Our vision is a portfolio of community-owned renewable energy projects across Scotland that delivers electricity to our founding partner, Our Power, Community Benefit Society.

This project has a total cost of £8.336m, of which £6.491m is already secured. Our fundraising target of £1.845m will allow us to take ownership of the project.

The purchase of these generating assets has been designed to support Our Power’s mission to reduce fuel poverty in Scotland by supplying discounted electricity worth over £75,000 a year. This approach will support Our Power’s objective of taking its customers out of fuel poverty and Mongoose’s objective of positive social impact AND provide a good target return to investors.

The following table demonstrates projected interest and capital repayments based on a £10,000 investment in the bond offer. Please note that returns are not guaranteed.



KEY DETAILS
- 2.5% + RPI target returns
- Innovative Finance ISA eligible
- 20-year term - Capital repayments start from Year 1
- Minimum fundraise target of £1,845,000 to acquire Pogbie 1 project
- Annual target of £75,000 of discounted electricity to Our Power customers
- Offer closes 30th June 2018
- Invest before 30th April 2018, accrue interest from 1st May 2018
- Invest before 31st May 2018, accrue interest from 1st June 2018
- Invest before 30th June 2018, accrue interest from 1st July 2018

Your capital is at risk and returns are not guaranteed. Read the full offer document, understand the risks and agree with the terms before deciding to invest.


Find out more about Mongoose Crowd
Read about Our Community Energy

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