Coronavirus Impacts AGM Planning (And Other News Updates)

In light of rapidly changing global events, the Ludlow Hydro Co-Operative Directors have been liaising closely with Sharenergy. We are pleased to announce that our forthcoming AGM will still go ahead next Wednesday (25/03/2020) but will now be run as a ‘virtual meeting’ using audio conferencing technology. By now, Members will have received communication from Sharenergy providing instruction on how to participate, noting that the proposed change of approach to our normal AGM is in response to UK Government advice on restricting public meetings and on adopting social distancing principles, in relation to the current Coronavirus pandemic.

We are pleased to confirm remedial plans continue to be worked on, to bring our hydro generation back online most expediently, following the impact of the significant flooding that recently occurred in Ludlow. In light of recent damage analysis, the hydro directors have issued the following joint statement to keep Members updated: “Our Hydro scheme was badly hit with damage to the motor enclosure and screw cover. The main control hut was spared major damage and should be relatively easy to re-commission. Our insurers have accepted liability for the inevitable claim for both business interruption (loss of income) and damage to the scheme. The directors are presently working with the loss adjuster to obtain quotes for works which is likely to take a few weeks before we can commence repairs. We now anticipate the hydro being out of action for a couple of months, subject to there being no restriction on availability of engineers.”

We look forward to welcoming as many Members as possible to our forthcoming remote-access AGM. In the meantime, our thoughts and best wishes go out to you all and your families. Please stay safe in these difficult times. Many thanks for your continued interest and, for supporting the work of the Ludlow Hydro Co-Operative.