The directors of Whalley Community Hydro Limited would like to thank all the local organisations, businesses and community whose support has been absolutely key to our success in the following:-
Whalley Community Hydro (WCHL) emerged as the biggest winner at Thursday night’s Ribble Valley Business Awards Ceremony, taking the awards in three separate categories. It won awards for the best Community Business and the best New Business before going on to win the main award named after a previous winner, Bowland BioEnergy.
To quote the judges’ criteria: ‘This is our top award. It celebrates the best of the best. The winner of this category will be a local business that is the most inspiring entry across all categories this year.’
“We could not have succeeded without the trust placed in us by the 260 people who have invested in the scheme, 75% of whom are local,” said Graham Sowter, Whalley Community Hydro chairman.
WCHL is a Community Benefit Society owned by its shareholders. After payment of a modest dividend it is planned to invest surplus profits in other local renewable energy schemes.
The awards were collected by Graham Sowter, one of a small team of retired Ribble Valley residents who began to plan the hydro project in 2010 and finally saw it generate electricity on 14th November last year. The project was brought in on time and on budget and is now producing at its design capacity.
So far £640,000 worth of shares have been subscribed out of a total project cost of £750,000 with the remainder provided by loans. The share offer is still open and more details about the project and the share offer can be found on the website: www.whalleyhydro.co.uk .
For more information, please contact:
Graham Sowter on 01254 240446 or
Chris Gathercole on 01254 823376