Brixton Energy launch share offer

February 22, 2012

The UK’s first inner city, community-owned solar project ‘Brixton Energy Solar 1’ has now launched its share offer. 

Brixton Energy plan to put several hundred square metres of solar panels on the top of buildings on the Loughborough Estate, working with Lambeth Council, Brixton Low Carbon Zone, United Residents Housing and the Loughborough Estate Management Board. This will help generate clean green energy, reduce the estate’s carbon emissions, generate a Community Energy Efficiency Fund for use in the community and provide a green investment opportunity. Brixton Energy is the first project of Repowering South London and will provide an exemplar model to be rolled to other parts of Lambeth and South London.

The share offer will help raise the capital cost of £75,000 needed for the solar PV installation on the roof of Elmore House on the Loughborough Estate. The share offer closes on 10th March and they are hoping that the funds will be raised before the deadline.

Attached is a press release from Brixton Energy. Please do pass on to your links and networks as a community led project Brixton Energy needs all the support it can get.

For more information on Brixton Energy and the share offer you can visit their website.