What was their challenge?
The Low Carbon Hub has an ambitious vision for a low-carbon Oxfordshire. They are backing pioneering green energy projects, encouraging energy efficiency, increasing local energy generation and storage, supporting the shift to electric transport and championing community ownership. They needed flexible and affordable finance to fund their pioneering energy projects.
What was the support you provided / offered
Over the last 7 years, The Low Carbon Hub has raised over £9.6 million from investors through Ethex. We listed the share offers on out platforma and marketed them to our investor base.
What was the impact or outcome of support?
The money raised has funded pioneering, community-owned, clean energy projects in Oxfordshire. As a direct result of this investment, the Low Carbon Hub has been able to grow its portfolio to 47 clean energy projects that have the potential to generate 4.5 GWh of green energy, per annum. That’s enough to power 1,465 homes and mitigate 1,259 tonnes of CO2 from the atmosphere. The entire Low Carbon Hub renewable energy portfolio is forecast to provide £2.6m of community benefit donations over its lifetime.
"Investors in The Low Carbon Hub are vital to us achieving our vision of a low-carbon future. Together we can find equitable and practical real-world solutions that put people and their needs at the heart of the energy system and Oxfordshire at the forefront of the energy revolution."
Barbara Hammond CEO, Low Carbon Hub