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Community energy initiative in UK

Utility Week 19th June 2017, Mongoose Energy has launched a new crowdfunding platform to secure
financing for community energy projects. The company hopes the platform
will widen the pool of potential investors, bring down the cost of capital
and enable greater innovation in funding. “More people want a bigger say
in where their power comes from, where their investments go, and in
improving their own communities,” said former energy secretary and
chairman of Mongoose Energy, Sir Ed Davey. “Launching our own
crowdfunding platform means we can dispatch better energy, better financial
returns and better social dividends to UK community investors.” Mongoose
Crowd will offer people the first ever opportunity to invest up to £20,000
per year in community energy schemes via the Innovative Finance ISA (IFISA)
for peer-to-peer lending which the government launched in April last year.
http://utilityweek.co.uk/news/Community-energy-crowdfunding-platform-takes-off/1305532

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June 21, 2017 - Posted by | decentralised, UK

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