Anesco has built a solar farm for Stratford Community Energy in the UK that will generate 4696MWh of electricity a year.
The company will also provide operations and maintenance for the project over the next 25 years.
Surplus profits from the project, which is located on 11.8 hectares of former Defra land near Stratford-upon-Avon, will go into a community fund to benefit local people.
For example, Stratford Hospital Appeal will receive £125,000 from the project over the next 25 years, while Welford on Avon School, based five miles from the solar site, will receive about £2000 a year.
The project is being funded by a £3.8m bond sale. Bonds can be purchased by the public, and its debt partner, Close Brothers.
The solar bond offer will remain open until the maximum sum has been reached, or until 31 May. The minimum investment per applicant is £500 for one bond.
Anesco commercial director Delvin Lane said: “It’s been incredibly rewarding supporting a project that’s not only benefitting the environment but also the local community.”
Image: Anesco
