Triodos Starts Share Issue to Raise Funds for Local Solar Farm

(Bloomberg) — Triodos Bank NV and Chelwood Community
Energy Ltd. started a share issue to raise money to build a 5-megawatt sun-powered plant in the U.K.’s southwest.

The companies plan to raise 2.75 million pounds ($4
million) to finance a solar energy facility in Chelwood that
will produce enough electricity to power about 1,160 homes,
Zeist, Netherlands-based Triodos said Monday in an e-mailed
statement.

To contact the reporter on this story:
Louise Downing in London at
ldowning4@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Ana Monteiro, Alastair Reed

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