WREN has been successful in securing funding through the Coastal Communities Fund
Stephen Frankel, Chair of WREN, said 'This £100,000 contribution will be a great help to add to our capacity to bring the benefits of renewable energy and energy saving to the town. WREN is a not-for-profit cooperative, owned by its 800 members, and is designed to become a self-sustaining business that will bring jobs, investment and income for good causes to the town. But it is difficult to start a business with no investment funds and on volunteer effort alone. This allocation from the Coastal Communities Fund gives Wadebridge a very strong platform for securing all the benefits of the low carbon economy, making energy less of a cost, and more of an asset, and protecting the local economy in these uncertain times. It is also very encouraging that Wadebridge has been so successful in this very competitive process, as this shows that we must be heading in the right direction.'