Your chance to invest in Bristol Community Energy (BCE) and enable us to repay loans to Bristol City Council and Close Brothers as well as investing in a selection of micro-renewable projects. Earn 4.5% annual returns with this 3 year unsecured bond offer which is eligible to be invested through the Innovative Finance ISA (IFISA).
Bristol Community Energy, trading as Bristol Energy Co-op (BEC), has rooftop solar installations on 11 community buildings across the Bristol region and two ground-mounted solar farms – one in Lawrence Weston in Bristol and one in Somerset. We are one of the largest community energy co-ops in the UK with annual output of 9,105 MWh (Megawatt Hours). That’s enough to power 2,220 average homes.
We’ve raised over £4m through our previous share and bond offers, but have also taken out more expensive loans to finance our large scale projects. We’re offering you the opportunity to invest in this bond offer so we can repay the loans and invest in a selection of micro-renewable projects. One of these projects is to work closely with a BCE partner to purchase and operate a 100kW TESLA battery at a new housing site.
3 year unsecured bond paying target returns of 4.5% per annum
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 .
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