Green Energy Mull Success!
Green Energy Mull have reached a fantastic milestone today by surpassing their first target for raising finance for their 400kW Garmony Community Hydro scheme. This morning they reached £335,950 and would love to raise more. There are four days left until the share offer closes on the 28th February 2014.
They need to raise a total of £1.1M and the more they can raise from the share offer, the less they need to raise from bank loans. Once built, the hydro scheme will bring a much needed income for community projects across Mull and Iona. Further details at www.garmonyhydro.info and a news story giving some background information is available from Scottish Energy News here.
A huge "Thank You" to everyone who has invested already, and a huge "come on" to those who are still thinking about it.