The AGM (Annual General Meeting) of Abingdon Hydro takes place this Friday evening. There are 370 members of this community enterprise, so far, who have invested £675,000 in the scheme to generate electricity from the water at Abingdon Weir. More funding is still required, and the share offer has been extended
The next few months are likely to be crucial with some important decisions to be taken. The intention is to build the Hydro in 2015 to generate electricity.
During the AGM new Directors will be elected to join existing Directors; the annual accounts will be approved; and there will be a chance to ask questions.