The Share Offer

Invest in Halton Lune Hydro from just £250

Buying shares in Halton Lune Hydro will provide a long term income for you, environmental benefits for society and social benefits for the local community.

Once the turbine is installed it will generate electricity.  This electricity will be sold creating an income from the project. To build and install the project we need to raise money: £976,000.  We have already raised £334,230 in grants from EDF, Lancashire County Council, Lancaster City Council, Department of Energy and Climate Change (DECC), and Rural Carbon Challenge Fund/Defra.  We are also able to take out bank loans. But most of the money for the project will come from a community share offer.

We are asking members of the public to invest between £250 and £20,000 through buying shares in the scheme. Investments of £500 or more could qualify for up to 30% tax relief under the government’s Enterprise Investment Scheme (EIS).

Shareholders are expected to receive 5% interest on their investment every year.  The aim is to provide a greater return than you would currently gain by putting your money in the bank.  After 20 years, you would get the money from your initial investment back.  After we have spent money on paying shareholders interest and maintaining the project, profits from the scheme will be invested in the local community, generating more than £1 million to fund recreational, energy saving, heritage and conservation projects.

Individuals over the age of 16, couples, charities and other organisations may invest in this offer.  You can also hold shares in trust for a child under 16.  The share offer is open to all UK residents, but if we raise more money than we need, priority will be given to applicants living within 25 miles radius of the project.

To read the share prospectus and see the application form for shares click here

The Share offer has been extended to try and raise full £976,000 and manage without a bank loan.