DECEMBER 2016: The results of the noisy piling work -- a temporary coffer dam to enable us to work at the site.
At the end of February 2017 we will re-open our Sandford Hydro Share Offer for a limited time, with a target raise of £380,000. The minimum investment is £250 and returns to you are forecast as 5%+, based on RPI +3%.
GET AN ALERT WHEN THE OFFER IS LAUNCHED
ABOUT SANDFORD HYDRO
Investors in Sandford Lock Hydro will help return the Lasher Weir (between Sandford and Kennington on the Thames) to its historic role as a provider of clean energy. This hydro project will generate 1,600 MWh per year -- the equivalent demand of 450 homes, or most of Sandford. Construction on this project began in September 2016 is due to be completed in Summer 2017.
Through this community energy share offer, local residents and people from further afield have a chance to own part of this amazing hydro system, earn a good financial return, and make their money do good.
CASE STUDY AND PROJECT UPDATES
MAKING YOUR MONEY DO GOOD
As a social (rather than commercial) developer, we reinvest 100% of our own surplus revenue from our renewables projects, after costs and investor returns are paid, back into our renewable energy mission. Find out more about our vision for a 'people's energy system' in our Low Carbon Hub Community Energy Manifesto or visit our Projects page to see all the community energy and innovation projects we've already completed.
FINANCIAL BENEFITS OF INVESTING
- Internal rate of return (IRR) based on RPI+3% paid per annum until 2036. On current projections, this would give an IRR of 5% over the 20 year period.
- Interest payments from the end of the second year of operation and 100% repayment of your initial investment progressively over 20 years, starting in year 4.
- With the new Personal Saving Allowance (PSA) you may be able to earn up to £1000 in interest from your shares tax free.
- All Members have the right to attend general meetings, and have one vote, regardless of how many shares they hold.
- Shares can qualify for 100% relief under Business Relief for Inheritance Tax.
HOW TO INVEST
Please read our Share Offer Document carefully and then:
- invest online through Ethex when the offer goes live, or
- download, print and complete a paper application form, selecting 'Shares in Sandford Hydro'. (Please visit this webpage again when the share offer goes live to access our downloadable application form. Application forms will also be available on the Ethex website.)
Our Share Offer Document
This document was created for our 2016 Share Offer which had two share classes: (1) Sandford Hydro and (2) Solar PV 2016. In February 2017 we will re-open our Sandford Hydro share class for a limited period. Aside from the deadlines for investment shown in this document, all other information in this document is still applicable for our 2017 Sandford Hydro share offer.
Please note that the Solar PV 2016 share class is now closed and will not re-open for investment.
DECEMBER 2016: A worker in yellow hardhat is dwarfed by the size of the weir.
DECEMBER 2016: Looking downstream, with Sandford on your left and Kennington on the right.
DECEMBER 2016: The river at dusk. We're working hard to make the most of the short days.
CASE STUDY: See the Sandford Hydro case study for more information about the project.
What people are saying
With interest rates falling to zero and below, it really makes sense to put spare money into the last remaining FiT-based projects.
Chris Goodall Renewable energy analyst, and author of new solar power & storage book, The Switch (July 2016)
The Low Carbon Hub is a really good example of a pioneering social enterprise and Oxford Capital shares its ambitions to scale-up renewable energy. We are delighted to support the team in their imaginative and tenacious work
Edward Mott Managing Partner, Oxford Capital
Love this idea – and it’s definitely time to shake up the way we generate and use energy! Happy to be a small investor
Sir Richard Branson Founder, Virgin Group
Investing in the Low Carbon Hub ticks all the boxes… with a fair rate of return and tax breaks to boot, putting my money into the Hub is just common sense.
Peter Thompson Chair, Oxford Civic Society
Oxford Bus Company is proud to be the first local business to partner with the Low Carbon Hub on a renewables scheme. Now we are green on our buses, green in our depot, and green on the roof too!
Luke Marion Finance Director, Oxford Bus Company
The Low Carbon Hub was incredibly helpful in supporting us to develop and market our share offer for Osney Lock Hydro. Investing in the Low Carbon Hub will enable other community energy projects like ours to become a reality.
Saskya Huggins Director, Osney Lock Hydro
We are delighted to be working with Low Carbon Hub to increase renewable energy production in Oxfordshire. This is a scheme which benefits Norbar, the local community and the environment.
Catherine Rohll Commercial Director, Norbar