Published: 20th May 2020

Warrington Borough Council has revealed plans to give the public the opportunity to invest with the local authority to develop a new solar farm. Councillors are due to meet next week (27 May) to discuss the idea of issuing a community municipal bond to help deliver the project. If the plans are approved, the bond would be issued by a local authority directly to the public via an internet-based crowdfunding platform. The bond would be issued to residents and investors from across the country to receive a percentage return on their capital for the investment. By investing as little as £5, investors will be able to support an important project for Warrington’s future and receive a long-term return. It is expected to be launched in the coming weeks, as lockdown restrictions are eased. The scheme would be administered by Abundance, who are a separate FCA registered company, on behalf of the council. … (To read the full article, subscribe below)