As a result of last month's share offer extension for Derril Water, the UK's largest shared solar park is now even bigger!
We've welcomed over 600 new members. Hundreds of existing Derril members also chose to increase their original ownership in the project. This puts the total members in Derril Water at over 9,600, with in excess of £22M raised. That's more than 10 times larger than Graig Fatha, our first project.
Work on Derril is continuing at pace. We are now working at breakneck speed on the EPC contract with the preferred contractor and their lawyers, the bank and their technical advisors and lawyers, and RES providing construction management services. We will share contracted programme milestone dates with Derril members as soon as possible.
We'll be down on site later this month to bring members an update from Project Manager Rodrigo. We're also planning a webinar soon to bring Derril members all the latest news on the project. Details to follow soon.