We’ve had an excellent response to our pioneer share offer with 70% of the 450,000 shares now sold. This has enabled us to make the first substantive payments towards full ownership of the project. All the SEIS-bearing shares are now allocated and we’re still seeing strong demand for EIS-bearing shares which are also due to be issued in this financial year. Once the offer is complete we’ll be able to put in the order to WTN with deposits on the turbines – the sooner the better so we can stay ahead of schedule and make sure the turbines are installed well before the end of the year – at around 550m (1800ft) above sea level, winter can come early in these parts. While WTN make our turbines we’ll carry out our main share offer and raise the rest of the funds required.
Share offer selling out rapidly