News

Share offer opens for Staffordshire Sunny Schools project

•Pupils at Millfield Primary School learning about solar energy with the Visual Display Unit from solar panels fitted thanks to Gen Community 'Staffordshire Sunny Schools' offer
• Pupils at Millfield Primary School learning about solar energy with the Visual Display Unit from solar panels fitted thanks to Gen Community ‘Staffordshire Sunny Schools’ offer

25 Staffordshire schools are set to benefit from a new PV project which aims to cut bills by providing free panels and teach kids about saving energy. 

A community share offer is open until 24/02/14 providing an opportunity for social investors to get involved whilst making a fair financial return.

Gen Community is aiming to raise £880,000 through this solar share offer. Pure Leapfrog, a Big Society Capital intermediary, has already lent £200,000 to the project, its largest community energy school project to date.

The current share offer now features on Ethex, the UK’s first not-for-profit website making positive investment easy (https://www.ethex.org.uk/sunnyschools).

Jeremy Lefroy, MP for Stafford, said: “I am very pleased to be able to welcome this project to Stafford. Students will benefit, as their schools should be able to invest in other areas rather than on their electricity bills. Local residents will benefit, not just as council tax payers but with the opportunity to invest and we all benefit with the advantages this whole project has for the environment.”