GB Lights
- 10.2% IRR
- 8 years
GB Lights are using an innovative LED lighting system to enable Global Berry to extend their strawberry growing season at their existing farm at Bradon, Somerset. The highly efficient LED lights — provided by GE Current, a major provider of lighting systems to the horticultural sector — have been used successfully in other countries, and GB Lights are the first company to use the technology commercially in the UK.
Total funded
£3,000,000
Investors
1,481
Closed
Nov 2021
Installing LEDs at an operational farm
Funded three hectares of highly efficient LED lightingCutting out of season food imports
Extending the strawberry growing season produces homegrown fruit in winterIncreasing production
Yields will increase by 50% in the area where the lights are installed