Ecossol PV – The North-East
Ecossol PV was set up to manage a portfolio of roof-mounted solar PV systems principally on domestic roofs throughout the North-East. There are 558 systems (2,182 kWp in aggregate) already installed and generating electricity for homeowners.
The Ecossol PV project is looking to raise at least £600,000 and up to £1.91m through a Fixed Return Debenture. Ecossol PV earns revenues from the Government’s Feed-in Tariff scheme and the homeowners get the benefit of lower electricity bills.
The project is now open for investment. The Fixed Return Debenture is offering an effective rate of return of 7.0% over the lifetime of the investment. As this Debenture is a fixed return, the amount paid out is not linked to the energy produced so you will know exactly what you will get back in capital and interest each year. The systems will be project-managed by Green Management UK Limited who are responsible for the operation and maintenance of the portfolio and the administration of the portfolio.