Halton Hydro share offer
The Halton Lune Hydro share offer has raised £566,340 from investors so it has been decided to extend the share offer with the aim of raising the remainder of the capital required in this way too. If this is achieved it will be avoid the need to borrowing the balance from a Bank, at higher interest rates.
This offer is open to everyone whether they live locally or further afield. HLH are projecting a pre-tax relief return of 5% over a 20 year investment period, plus 30% tax relief through the EIS tax scheme.
Although investments are intended to be for 20 years, they will be putting money aside every year and, subject to available funds at the time, will consider requests for repayment after 3 years.
For more information go to www.haltonlunehydro.org
On Saturday 17th May there will be a tour of the Hydro as part of the ‘Energy Fair’ at Halton Mill – at these times 12 noon, 2pm and 4pm.