A Revolution in Energy Production

A Community Hydro Electric Scheme for Settle

Settle Hydro was established as an ‘Industrial and Provident Society for the Benefit of the Community’ with the specific purpose of owning the Settle Weir Hydro Electric Scheme. The Society will generate revenue by selling ‘green’ hydro-electricity.

Any surplus revenue will be used by the Society to benefit the local community through its twin aims of regenerating the local economy and promoting the environmental sustainability of Settle District.

The formation of Settle Hydro has been jointly sponsored by StART, Settle District Chamber of Trade and Settle Going Green.

The Founding Directors of Settle Hydro are Steve Amphlett (Chair of Settle District Chamber of Trade), Ann Harding (Chair of StART) and Helen Walker (director of h2oPE), none of whom will receive any financial remuneration from the Society.

The Directors have raised part of the finance required to fund the Scheme by selling shares in the Society to members of the public.
 

The funds raised from the share issue will fund a public-spirited ‘not-for-profit’ organisation and any investment in Settle Hydro Ltd should be seen as a social and not a financial investment.

The remainder of the required finance has been raised from grants and a bank loan.

If you would like more information please call Ann Harding on 01729 823155 - email: ann@settlehydro./org.uk who will try and answer your questions or check the Latest News for details of future meetings and news of our progress.

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