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News | Osney Lock Hydro | Page 2

News

Pledge target reached in just 9 days!

Wow! We’ve hit our pledge target in just 9 days! Given the phenomenal response to the share offer we are now reassessing our financial model to calculate the potential to accept a greater level of investment. This would enable us to reduce the level of loans taken out to fund the project.

Investment reaches £150,000 in first week

Investment reaches £150,000 in first week

We have been bowled over by the phenomenal interest we have received in the first seven days since the share offer launched. Pledging via the website started within minutes of the offer going live, and has continued steadily ever since – with almost £50,000 pledged via the site on Sunday alone. Of the £219,00o pledge to date – over £150,000 has been received as applications.

Thank you to everyone for your amazing support of the project.