Update 10th February 2016
The share offer is now closed.
We are pleased to announce the share offer has successfully raised £1.4m.
We are pleased to announce the launch of Edinburgh Community Solar share offer. Edinburgh Community Solar is a Benefit for the Community Society and is seeking to raise £1.4 million to fund the installation of solar panels on up to 25 buildings in Edinburgh. Full terms and conditions are shown in the Offer document.
Edinburgh Solar has received advance assurance from HMRC that shares will qualify for 30% tax relief however the government has just announced that EIS Tax Relief is being withdrawn on 30th November. If you intend to invest via BACS your payment must be received no later than 28th November. If you are paying by cheque we need to receive your cheque by 20th November.
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Investments in shares of renewable energy co-operatives and community benefit societies are long term investments to deliver an environmental and social impact as well as a financial return. As with any investment there are risks. Your capital is at risk and may not be readily realisable. Returns are projected, variable, depend on performance of the project and are not guaranteed. Consider all risks before investing. As unregulated share offers, investments do not receive the protection of the Government’s Financial Services Compensation Scheme and investors do not have recourse to the Financial Ombudsman Service.