Share Offer: Talacre Community Sports Centre

£80,000 Share Offer – january 2023

Power Up North London is launching a share offer to raise £80,000 in share capital for the purchase of rooftop solar panels to be installed at Talacre Community Sports Centre, NW5.

Located in Kentish Town, Talacre Community Sports Centre is adjacent to the green space of Talacre Park which provides an attractive and open aspect to the Sports Centre. The Centre offers a variety of outstanding multi-use outdoor and indoor facilities with a stimulating range of activities for all ages and abilities.

The Offer

We are seeking to raise £80,000 for the installation of 83kWp PV solar panels on the roof of Talacre Community Sports Centre in the London Borough of Camden. The panels are scheduled to be installed in Q2 2023 and will generate an estimated 68 MWh of electricity which is over a third of Talacre’s annual usage saving 12 tonnes of CO2e each year.

The Share Offer will remain open until the 20th March 2023, unless the target amount is reached at an earlier date, or we have to extend the time to reach the target.

The minimum investment is £250 and the maximum investment is £5000. To encourage share ownership by staff and members of TCSC, they will be offered the opportunity to invest a minimum of £100 per member.

The target interest rate is 4% a year and capital will be repaid at 5% a year over 20 years.

Investment Risks

Those interested in investing should do so only after reading the prospectus linked below in full and taking appropriate financial and other advice. Community shares are fully at risk, and you could lose some or all of the money you invest. You have no right to compensation from the Financial Services Compensation Scheme, nor any right of complaint to the Financial Ombudsman Service.

Declaration

Power Up North London and each of its Directors confirms that we have taken all reasonable care to ensure that the information contained in this Offer Document is to the best of our knowledge, in accordance with the facts and contains no omissions likely to affect its overall meaning.

Prospectus (please read this before making an investment)

CLICK THIS LINK TO INVEST