We are excited to invite you to invest in Our Community Energy’s very
first share offer. By investing and becoming a member, you will be
participating in the ownership of local wind energy, generated in
East Lothian and Berwickshire, and supporting the delivery of 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 (Our Power).
The purpose of this fundraise is to raise equity investment to enable Our Community Energy (OCE) to acquire the 2.4 MW Brockholes Wind Farm. This project has a total cost of £7.4m, of which £6.2m is already secured. Our fundraising target of £1.2m will allow us to take ownership of the project.
KEY DETAILS - 4% + RPI Target returns - Minimum fundraise target of £1,200,000 to acquire Brockholes project - Annual target of £75,000 of discounted electricity to Our Power customers - Become a vote eligible member of OCE - Offer closes 31st May 2018 - Minimum investment of £500 (Invest in multiples of £100)
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
Mongoose Crowd Limited ("Mongoose Crowd") (Firm reference number 779511) is an Appointed Representative of Share In Ltd (Firm reference number 603332), which is authorised and regulated by the Financial Conduct Authority. Details about the extent of our regulation by the Financial Conduct Authority are available from us on request. Mongoose Crowd does not give advice or make personal recommendations. All investment products carry risks. The relevant Offer Document will cover risks specific to an individual investment. Please consider all risks before investing and read the relevant Offer Document for each investment. Bond and equity investments are not readily realisable and are not subject to the same protection from the Financial Services Compensation Scheme (FSCS) as deposits. Past performance is not a reliable indicator of future performance. Please note that capital is at risk and returns are not guaranteed.
The board of Mongoose Energy recently took the decision to refocus on its core mission of strengthening and supporting the community energy sector. Going forward, Mongoose will concentrate on asset management, supporting community energy groups in securing appropriate and affordable financing and helping its partners develop new projects. The board has decided that it can better achieve its goals through a partnership with Ethex rather than by operating its own crowd funding platform. As a result, we will be closing Mongoose Crowd and all future investment opportunities will be available via the Ethex platform .
You can sign up to the Ethex newsletter to receive information about these future investment opportunities, or should you have questions about investments made via Mongoose Crowd please contact Ethex: