Renewable Energy Fractions - Funding
Last updated
Last updated
A zero-cost entry point for councils to retrofit buildings with solar PVs and provide cheap electricity for their residents.
• Zero Citizen will raise funds through fractional ownership. For example, if equity of a solar PV system was divided into 100 fractions, this would mean each fraction represents 1% ownership.
• Zero Citizen and building owners will each retain 5% of the fractions.
• Sales of fractions will be prioritised to the following stakeholders:
- Building owners (e.g. local council/businesses)
- Residents of the building.
• Any remaining fractions can then be purchased by retail and institutional investors (the public).