Triodos Starts Share Issue to Raise Funds for Local Solar Farm

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.

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