Launch of the Stockport Hydro Ltd share offer at STOCKPORT TOWN HALL
Tue, 09/03/2010 - 21:43 — Rob
06/04/2010 06:30
INVITATION Tuesday 6 April 2010 at 6.30pm Representatives of Stockport Hydro Ltd will be at the event to explain and answer questions about this community-funded hydroelectric scheme before Deputy Mayor and Mayoress of Stockport, Cllrs Stuart and Christine Corris officially launch the share offer. The share offer gives individuals, local businesses and social investors the chance to become members of a ground breaking renewable electricity project that will provide clean, green electricity. Stockport Hydro has been created to develop a number of hydro electric schemes, following an initial feasibility study funded by Stockport Metropolitan Borough Council. Sites identified for 2010/11 development initially, are at Otterspool and Stringer weirs. Otterspool has a 54kW installed capacity and will generate approximately 209,000 kWh per year, enough to power around 50 houses, saving 90 tonnes of CO2 per year, or 3,500 tonnes over its estimated 40 year lifetime. Stringer has a 76kW installed capacity and will generate approximately 330MWh per year, enough to power around 70 houses and will save around142 tonnes of CO2 per year, or 5,600 tonnes over its lifetime. The plants, on the River Goyt, will be Greater Manchester’s first community-owned scheme and surplus monies from the sale of hydro electricity will fund local environmental and community projects. Being a share-holding member is a unique way to demonstrate your commitment to a sustainable environmental project. Please come along and find out more from founding Directors Steve Welsh, Ben Alexander and Doug Everard. Refreshments will be available from 6pm
RSVP to Ben Alexander on 0161 449 8421 or email ba@namc.co.uk |
Comments
stockport hydro
how can you sell share,s to a project that has not yet recieved planning permission?