Don’t invest unless you’re prepared to lose all the money you invest. This is a high - risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Don’t invest unless you’re prepared to lose all the money you invest. This is a high - risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Gower Power

Renewable Energy - Community Shares

113%

raised
6%

Forecast
return

Investors
226
Hours left
0
Raised so far
£584,105

Gower Power is a community benefit society that supports and develops community-owned renewable energy projects in Wales with profits recycled into community benefit initiatives

Clean energy

Target
£518,950
Min raise
£192,500
Offer opened
27/09/2023
Closing date
08/12/2023
cycling race illustration

Gower Power
Society no. 9100
Swansea, UK
Incorporation date: 20 September 2023

Your money will…

  • Tackle climate change locally by supporting Gower’s continued generation of clean energy, cutting harmful carbon emissions.

  • Build a stronger community by funding community, environmental and food growing initiatives via the Community Benefit Fund.

  • Empower local people to take control of their energy generation and make their communities more resilient.

  • Earn a potential financial return Investments target an annual return of 6% and investors become members of the community benefit society.

The bigger picture

Over the last 10 years, Gower Power has helped develop a number of exciting community projects, including Wales’ first community-owned solar farm and one of the UK’s first local renewable energy tariffs. They are now raising funds to purchase Brynwhilach Solar Farm which:

  • has an installed capacity of 4.99MW, generating 4.8GWh per year
  • produces enough clean energy to power over 1,650 homes 
  • will save over 45,000 tonnes of CO2 over its projected 23-year life
  • will help to provide around £2.7M to fund new renewable energy projects and community initiatives

  • Gower Power is part of Community Energy Together, a collaboration of five societies with seven solar farm assets that have been cross-collaterally financed. A local society is purchasing each solar farm, increasing the capacity of community-owned solar energy in England and Wales by about 20%

    Gower Power as of the 10th of November 2023 has raised £418,950 exceeding the initial target of £385,000. The additional £100,000 to the amount raised is a stretch target following the extension to the 8th of December 2023. Further information can be found in the updates tab or update in the documents tab.

What your money will do

It’s your money, so you want to know where it goes and what kind of impact you’re making. Your investment in Gower Power will:

  • Enable the purchase of Brynwhilach Solar Farm to bring it into community ownership
  • Ensure continued clean energy generation from the site, reducing the impact of climate change and contributing to energy security
  • Benefit the local environment and people by creating funding for other local clean energy projects and community initiatives
  • Support Wales’ transition to a low-carbon future while supporting a pioneering social enterprise with a 10-year track record of delivering social impact.

Team

Gower Power is determined to build on this successful model and this share offer will help them fund the next phase of their work: 

https://www.gowerpower.coop/

Chris Dow

Chair

Chris’s career has combined his love of the outdoors, commitment to outdoor learning and development, and skills in education, training, facilitation and project management. After working as Kilvey Community Woodland officer, a trainer and development worker at Dynamix and a Forest School Leader, Chris trained as a teacher and worked in primary and secondary education whilst serving as a Director of Forest School SNPT. Since 2018 Chris has worked as a Project Manager at Down to Earth where responsibilities include fundraising, training and accreditation, and management of health and well-being programmes. Chris brings a wealth of skills to the board including critical and creative thinking and a keen interest in maximising benefits for both the environment and communities.


Mary Sherwood

Grants & Development Manager

Mary’s work has mostly focused on supporting people affected by low income.  After numerous third sector roles, Mary delivered anti-poverty campaigns, development work and policymaking for Swansea Council, before serving a term as a local councillor with political roles combining her interests in poverty reduction and environmentalism.  She works as Director of Fairer Future, providing training and consultancy specialising in socioeconomic inequality, and as Gower Power’s Grants and Development Manager, ensuring community benefit funds we manage arising from renewable energy projects (locally and elsewhere) support relevant, worthwhile projects.


Ben Ferguson

Director

Ben Ferguson has over a decade of experience in community energy, serving as a founding member and director of Carmarthenshire’s Ynni Sir Gar project (delivering the county’s first ever community-owned wind turbine) as well as Community Energy in Pembrokeshire. With extensive technical knowledge of climate change, energy efficiency and renewable energy at all scales, Ben has worked with a range of stakeholders – from community groups through to statutory bodies, local businesses, and multi-national developers. He is currently Co-Executive Director of Community Energy Wales.


Robert Harvey

Director

Rob was a plumbing and heating engineer before completing a Geography Degree at Swansea University, volunteering with Swansea Council’s Nature Conservation and Sustainable Development teams, and working in an environmental consultancy company. In 2016 he founded Limitless Energy, a renewable heating and electrical company that soon had £1m+ turnover and currently has 8 employees, reducing dependence on fossil fuels by installing heat pumps, electric vehicle charging stations, solar PV and battery systems. 

Ant Flanagan

Secretary & CET representative

Ant has an MBA from Cardiff University and a background in community development.  He has enjoyed using this combination of skills to help small business owners, serving as vice-chair of the Swansea Rural Development Plan Partnership and working as a non-executive Board member of Cwmpas (formerly Wales Co-op Centre). He has set up and developed numerous successful social enterprises, including Gower Power and Gower Regeneration Ltd (Wales’s first community-owned solar farm), which won the 2017 Renewable Energy Project Award for being, “The most commendable sustainable electricity generation project undertaken by a community group in England and Wales.” 


John Whiten

Director

John co-led the development of Wedmore solar co-operative, one of the first community-owned solar schemes in the UK (www.wedmorecpc.co.uk). He also founded an award-winning solar panel installation company, Ethical Solar, installing hundreds of photovoltaic systems during the solar boom around 2010. Whilst most of their work was domestic they installed larger systems on farms and community buildings. Their clients included Bristol City Council, Bristol Power CIC, Bristol Energy Coop and The Wildlife Trust.  


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Interest accrual and payment

Interest payments will be agreed at the next AGM (Annual General Meeting), which is expected to be held in the early summer of 2024, and will be released shortly after this. 


Getting your money out

Shares are not transferable and withdrawing of share capital is subject to agreement by the Gower Power board. Shares cannot be withdrawn in the first five years except in case of death or exceptional circumstances.

Investing on behalf of children

Applicants must be 18 years old or more to participate in this offer.

 Investments can be made on behalf of children at the end of the Ethex order process. 

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