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Community Energy: Empowering Sustainable Renewable Solutions

Bath & West Community Energy aims to establish a financially sustainable social enterprise delivering renewable energy, energy efficiency, and supply through a resilient community model. Founded in 2009, it operates as a Community Benefit Society, emphasizing financial sustainability, community benefits, and building scale. The organization engages individual investors, offers fair financial returns, and collaborates with independent community funds and local enterprises. By investing in projects and using project finance, BWCE fosters a model of community-driven renewable energy advancement.

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Community Energy: Empowering Sustainable Renewable Solutions

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  1. Community Energy Peter Andrews Bath & West Community Energy December 2013

  2. Bath & West Community Energy “Our vision is to create a financially sustainable social enterprise that will deliver renewable energy, energy efficiency and energy supply via strong community model that builds community resilience.”

  3. Where BWCE started in 2009 ……. • …...set up as a Community Benefit Society in 2010

  4. Recurring themes in early discussions…… • Community benefit at centre • Do the easy things first • Financial sustainability • Be ambitious and build scale • Offer fair financial return as well as social/environmental benefits • Do we have the right skills sitting round the table

  5. How we operate…. Individual investors - £20k maximum. Investment goes into projects Development loan/grant BWCE – Develop, Finance, Own & Operate Renewable Energy Projects Individual investors Independent Community Fund Special Purpose Vehicles (SPVs) - Portfolio of projects of same technology with debt from same source Independent local community enterprises - part of BWCE family - with control of local community funds Debt from corporate investors and banks ‘Project Finance’

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