In able to build the Hydro Ogwen scheme and bring a significant community benefit back into Ddyffryn Ogwen, we need to borrow or attract an investment of £520,000. At the end of February, we will open a community share scheme that will give Ogwen Valley people the opportunity to invest in the Hydro Ogwen project. Every additional pound that is raised through the share offer decreases the sum that has to be borrowed from the banc or by other lending bodies in the form of more expensive borrowing terms.
Membership of Ynni Ogwen Cyf is open to individuals over 16 years old, commercial bodies, voluntary bodies and investors in the public sector.
We also accept loans without interest and gifts from individuals and bodies that would care to contribute towards financing the scheme.
By investing in Ynni Ogwen Cyf. you are playing an active part in the second community-owned hydroelectric generating plant in north Wales in the last two years.
With your help, we will be able to harness the waters of the Afon Ogwen to generate renewable electricity, to support local communities and community projects and to provide you, our investors, with a financial return on your investment.
You are helping to promote community renewable energy which has the potential to reduce significantly our reliance on fossil fuels and nuclear generation.
Through investing in Ynni Ogwen Cyf. You will:
Full Terms and Conditions and all project details can be found in our Prospectus Share Offer Document