TRESOC has new Finance Director

TRESOC is delighted to have a new Finance Director, Raymond Seager. We were sorry to say goodbye to Dominic Turner, who had to leave us for health reasons and are sad to lose him. Raymond comes to us with a wealth of experience in finance, working nearly 20 years variously for Bank of America, Barclays and HSBC in public sector finance. He started to focus on environmental finance over 10 years ago, helping to develop the ESG capital markets. He has since broadened into the wider sustainable finance area, encompassing environmental and social projects, and works as a consultant training and advising organisations. He moved to the Totnes area with his wife and two kids in 2017 and becomes TRESOC’s Finance Director in 2021.

AGM success and next steps

GREAT NEWS! TRESOC members voted almost unanimously to accept bank loan finance and release our Share Issue investment of £258,000. As a result, we are now 1) progressing with Charity Bank loan documentation and 2) moving forward with the SHINE project – solar on the roofs of 77 Housing Association homes across the area. Next will come the purchase of the roof-mounted 50kW array at Hatchlands Farm. Then we can turn our attention to hydro and start organising our Creative Conversations, where we’ll open up the dialogue about the what, where, why and how of Community Energy.

View the minutes of the AGM and Director’s Report.