Settle Hydro launches community share offer

A community share offer has been launched for Yorkshire's first community-owned hydroelectric scheme in Settle on Saturday 6th September 2008. The share offer gives individuals, local businesses and social investors the chance to become members investors of a groundbreaking renewable energy project that will provide clean, green electricity. Settle Hydro Ltd is an Industrial and Provident Society managed by the social enterprise Water Power Enterprises (h2oPE) which is behind Torrs Hydro, a community-owned hydro-electric scheme in Derbyshire. It will be a 50kW hydro power plant at Bridge End Weir, in Settle. The plant will be community-owned and profits from the sale of hydro electricity would fund local environmental and community projects. more details on this story are over at http://www.cooperatives-uk.coop/live/welcome.asp?id=2394&scheme_name=COO...