Southill Solar is a definite go
Southill Community Energy (SCE) has just announced that it has construction finance in place for Southill Solar (subject to contract). This means that anyone buying shares in Southill Solar can be confident that their investment will be used to see the project through.
This means Southill Solar is a definite go. Work is expected to start on the site in July, and the solar farm should be up and producing electricity by the target date of 6 September.
Construction funding will come from Solarcentury, the company contracted to build the solar farm. Solarcentury will use its own funds to complement the funds raised to date. Solarcentury is a world leading solar developer and EPC, based in the UK and working across Europe, Africa and Latin America. They are highly experienced, having helped fund, install and run 550 MW of solar farms in the UK.
SCE want this project to be owned by the local community, and are still looking for investors to buy shares - people who want to create positive social and financial impact.
The share offer remains open: