STROUD low-carbon energy firm Ecodynamic has launched its second £150,000 Community Share Offer at an event at Stroud Brewery’s premises in Thrupp.

The company, based at the Painswick Inn in Gloucester Street, hopes that the share offer will enable them to repay loans invested in constructing a 55KW Endurance wind turbine in Cornwall.

Ecodynamic’s founding director, Martin Large, said: “Ecodynamic offers the potent combination of investing savings with interest in a community project, backed by the government’s Feed-in Tariff and reinvesting any surplus income into other community food, energy and land projects.”

Ecodynamic’s shares have a projected annual return of three per cent, rising to five per cent after three years. Tax-paying investors get EIS status, which provides a one-off bonus of 30 per cent tax relief in the first year.

Greg Pilley of Stroud Brewery, said: “Just as many people invested in the Stroud Brewery start-up, so I have invested in Ecodynamic for generating renewable energy and for community reinvestment.”