DALAVICH
A £1.5 million community-powered hydro scheme at Dalavich launches its second share offer this month.
Originally 90 people joined the scheme, investing around £200,000 in the hydro before it started generating electricity on January 31 on the River Avich. the scheme now hopes its first post-construction re-financing share offer will bring in hundreds of thousands of pounds so that more of its debt is in the form of shares rather than having to pay back banks, which would be more expensive.