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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
10th November 2023
Gower Power is one of five Community Benefit Societies collectively buying a portfolio of seven solar farms
across England and Wales, working as Community Energy Together (CET).
We are very pleased with the success of the Gower Power offer meeting our target in a matter of weeks with
little sign of slowing down. So we will be extending our offer further and increasing the target by £100k.
Any
funds raised by Gower Power from the 11th November 2023 will continue to reduce Byrnwhilach’s Junior Loan
allocation which will increase our community benefit fund.
Attached Files:
Gower Power Offer Update 10 November 2023.pdf
Gower Power
Society no. 9100
Swansea, UK
Incorporation date: 20 September 2023
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.
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:
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:
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/
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.
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.
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.
Director
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.”
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.
Team Member Position 7
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Team Member Position 10
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Team Member Position 11
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Team Member Position 12
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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.
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.
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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