Legacy
Sheriffhales solar PV
Thrive’s first ever investment in solar PV.
Project summary
In 2017 we provided a £1.7 million mezzanine loan to a Community Interest Company (CIC) that owned Sheriffhales solar PV farm in Shropshire. Providing a funding bridge gave the community time to raise their own funds to acquire the project, which they did successfully in 2018. Community Owned Renewable Energy (LLP) (CORE) became managers of the project, with the intention of further increasing community benefits and ownership. The 3.174MWp project generates enough clean electricity to power over 700 average UK homes a year.
Technology
Solar