Crowdfunding For Local Clean Energy

A United Kingdom solar energy developer is starting a crowdfunding platform to raise funds to construct community energy projects.

Individuals will be able to invest up to £20,000 a year “through community energy bonds within a tax-free Individual Savings Account wrapper, regulated by the Financial Conduct Authority.”

Community energy projects allow local residents to form coops to finance clean energy projects to power their homes and use the proceeds for return on investment and /or other local causes.

We would need government support to keep the utilities from blocking this here in the U.S.
https://www.businessgreen.com/bg/news/3012155/mongoose-energy-debuts-community-energy-crowdfunding-platform

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About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in accredited investor, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , . Bookmark the permalink.

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