Facilitating shared ownership of our 20MW battery
We invited Bristol Energy Cooperative to co-invest in our 20MW battery project.
Not only will the project provide those vital services, but we’re also working with a local community energy group to ensure it continues to have a positive impact on the people who live close by.
Teaming up with Bristol Energy Co-operative (BEC), we’re giving them the opportunity to make a co-investment of up to 20%, which is the first time in the UK that an owner has offered shared ownership of a standalone commercial battery project to the local community. What does this mean for BEC? As well as having a say in how the project is run, it also means that local good causes will be able to benefit from a share of the revenues generated.
The local community has always been at the heart of this project. It’s why we were so committed to building it and supporting the goals of the passionate, resilient residents who fought to make it happen. In 2017, the site was originally destined to be a diesel-generator plant but thanks to a successful campaign from a group of residents in St Phillip’s Marsh, the planning application was rejected. Residents Against Dirty Energy (RADE) is now helping to support groups facing similar issues elsewhere.
Feeder Road battery site
Got a similar project that needs funding? Get in touch with a member of our investment team
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