Page 3 - V4.7 Share Offer Document FINAL
P. 3
SUMMARY
This document contains an invitation to subscribe for post-construction
shares in Awesome Energy (Dalriada) Limited (Financial Conduct Authority
reg. no. 7240) to support the first community-owned hydro scheme in the
Dalavich Improvement Group (DIG) area.
Awesome Energy has been established as a Community Benefit Society* for
the specific purpose of owning and operating community renewable energy
schemes in the DIG area to benefit the local community. Awesome Energy
commissioned the scheme on 30th January 2018 and is generating revenue
by selling green hydro-electricity to the national grid. The income will allow
Awesome Energy to contribute to other projects and initiatives within the
area by gifting the net profits of the scheme to Dalavich Improvement Group
(DIG) to be paid into a Community Benefit Fund. DIG is a registered charity
(No. SC032664) with the objective of promoting sustainable development in
the local community.
Awesome Energy raised £195,960 from 98 investors. This second share offer
has been launched to meet demand from potential investors and to reduce
commercial borrowing, which will increase the funds available for gifting to
the local community.
If you are considering buying shares it is important that you read the whole
document.
Page 3 Awesome Energy (Dalriada) Ltd
Community Benefit Society No: 7240
