LEG Power Lochaber has been created to build and own 100% of the hydro scheme. LEG Power Lochaber will raise the funds to build the scheme through a public community share offer.
LEG Power Lochaber Limited is registered as a community benefit society with the Financial Conduct Authority, registration number 8053. Its registered address is: An Drochaid Claggan, Fort William, PH33 6PH.
The society will be managed by Energy4All Limited, a social enterprise and successfully created 30 community renewable energy co-operatives/community benefit societies.
A community benefit society is a form of registered co-operative society. The legislation that controls what Registered Societies can do and how they must operate is contained in the Cooperative and Community Benefit Societies Act 2014.
A copy of the LEG Power rules can be viewed and downloaded here