a different bank for people who want a different world
social impact
Stockport Hydro
Location: Stockport Hydro
Loan Amount: £200,000
Date: November 2011
The Industrial Provident Society is developing a community hydro-electricity generating scheme to provide locally sourced green energy. A £200,000 loan from Charity Bank was the first step for a project which will soon be self-sustaining.
“Not only will we be providing a renewable source of electricity, but any surplus income will be donated to local environmental and community projects.”
Doug Everard, Stockport Hydro director