Paul and Hilary Coffman
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Bank saving appears a waste of time, say investors

With interest rates at a record low, a growing number of savers in Wales are investing in renewable energy projects.

There are five community businesses currently offering shares but lump sums are often tied up for several years, and are not backed by the same guarantees as most saving accounts.

The Awel Co-op project near Pontardawe is hoping to raise £2m from people who can invest upwards of £50.

Paul and Hilary Coffman, who are moving from Aberdare to live locally, are still making their minds up about whether to invest.

  • 16 Aug 2016