Public pledges to assess support

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Brighton Energy Co-operative have a pledge scheme on their website to keep a record of those who are interested in investing in their community-owned solar PV projects. Before their first public share offer, the pledge scheme was used to enable anyone interested in becoming a shareholder to pledge the amount they would like to invest and to send the group their contact details. Over a few months the group had more than £100,000 pledged – and hence an excellent list of potential members when the time came to launch their share offer.