We are very pleased with progress, and the major issues have been overcome Nigel Paterson – Project Manager
Reading Hydro Update - March 2021
The Reading Hydro green electricity project has made great progress. However, it had encountered various issues. Therefore, we were asked to create a number of update videos that would explain what had happened, and what the triumphs and issues were
Like all major construction projects, no amount of planning will surface all issues. Without going into boring detail(a lot of the issues were to do with boring into the river bed, and the channel for the underground power cable), after around 6 months of work, it was obvious that they were going to run out of money before the end of the project
Therefore, a new shares issue was required. These videos were designed to both show progress, and ask for further share investment
The original share offer details are here