We’ve reached our target!
Thanks to your support we've raised over £500,000 towards our exciting plans to heat a section of the pool to 35° all year round!
Our community share offer has raised our optimum target of £500,000, which means that we are now able to proceed with this hugely exciting project, and hope to open it in May 2019!
Work is taking place to drill a geothermal well which will provide enough renewable energy to heat a section of the water to 35°c. This will mean, for the first time, that the pool will have heated water, transforming it into an all-year-round attraction which we believe will bring enormous benefits both for the pool, to the economy of Penzance and for Cornwall.
The well is being drilled thanks to a major grant from the European Union, but a condition of that funding was that we need to fund the costs of connecting the well up to the pool, and build the section that will contain the heated water.
We will also be building a new café facility and community space. We have raised most of the funds required from loans and grant funding, and these will be combined with the proceeds from our community share offer.