UP-TO-DATE INFORMATION ON WESTMILL SOLAR CO-OPERATIVE

The latest Westmill Solar Annual General Meeting (AGM) was held on the 11th June 2022 at 9am via Zoom.

Draft minutes, recordings and member questions and answers will shortly be available to view and download here.

Minutes from the most recent board meetings are available here:

The co-operative is governed in a very democratic way with each member having one vote, irrespective of the size of their shareholding.  The majority of shareholders invested between £250 and £20,000 for A-shares under the public share offer back in 2012.  In order to comply with the law applicable at the time, those members who invested more than £20,000 were issued with a separate class of B-shares (which had slightly more limited rights than the A-shares) but following a change to the law in 2014, all the remaining B-shares were converted to A-shares in October 2015.

In 2019, Westmill Solar launched and successfully raised a £1 million bond offer to provide a measured increase to the membership of Westmill Solar, repay part of our existing secured loan from LPPI and to help further develop the Society’s activities.