NEP are proud to be behind Nottinghamshire’s first community owned solar farm
Be part of Nottinghamshire’s largest community owned renewable project.
- Earn up to 7% on your investment
- Support your local community (the solar farm generates £40k every year for local community projects)
- Help save the planet
Register now to receive our next share offer straight to your inbox.
NEP’s Philip Angus and Miranda Cumberbatch are on the Nottinghamshire Community Energy board. We were initially approached by Mongoose Energy to advise on the best location for the site, which is Langar Lane, Colston Bassett.
Nottinghamshire Community Energy Ltd (NCE) owns the 5 Mega Watt project, which is predicted to generate up to £1 million for the local community over the next 25 years and funds will be reinvested in community projects across the County.
Criteria for eligible projects are likely to include wildlife conservation, energy efficiency and renewable energy.
NCE is a Community Benefit Society set up to deliver community-owned renewable energy, low carbon energy and energy efficiency projects. They are registered with the Financial Conduct Authority.
The Local Authority run Nottinghamshire Pension Fund has already provided £1.5 million of long term funding to the project.
Phil Angus, Chair of Nottinghamshire Community Energy, said:
“As a community-owned asset, this will provide a valuable income that can be reinvested in the local community. The project will provide local renewable energy generation that reduces the impact of climate change and improves our energy security.”