Power to Change has suspended all current funding programmes, including CORE Partners, as we are focusing our attention on supporting community businesses affected by COVID-19. All future rounds of this programme are currently paused.
What is CORE Partners?
Community Owned Renewable Energy LLP (CORE Partners) is a £40m investment programme designed to purchase operational, ground mounted solar farms in England and hand them over to community businesses. The programme has been funded by Power to Change, along with Big Society Capital.
To date, CORE Partners has purchased Newton Downs solar farm in Newton Ferrers, near Plymouth. The farm is currently in transition into ownership by Yealm Community Energy, a local community business. The installation is forecast to generate in excess of £1.4 million income for local community organisations and projects over its lifetime.
Where can I find out more?
Please contact CORE directly regarding potential acquisitions.
Power to Change has recently launched an additional fund, Next Generation, which will will provide capacity building, business planning, share offer development and community engagement support all future community businesses involved in the CORE asset purchase programme.