Wester Derry Wind Co-operative Launch
We are pleased to share the exciting news that the Wester Derry Wind Co-op will be officially launched in the coming weeks.
The Co-operative will own a 250 kilowatt wind turbine at Wester Derry Farm, Kilry in the lower reaches of Glen Isla. It will be will be the second wholly co-operatively owned wind turbine development in Scotland.
The launch will be held at 7.30pm on Monday 7th April at the Angus Hotel Blairgowrie. The share offer document will be available and everyone interested in the project is invited to attend.
The turbine will be 100% owned by a local co-op.Members of the public can join the co-op and buy shares from as little as £250 up to £50,000 and will receive a good, green and local return on their investment, along with substantial tax benefits. The co-operative will also contribute an estimated £4,500 annually to local community funds.
The project is based on the Dingwall Wind Co-op which has been very popular
Local development officer Jamie Wilkinson commented:
“It is fantastic that the Wester Derry Wind Co-op is at the launch stage, and great that another locally owned co-operative project will soon be operating in Scotland. Local Energy Scotland have helped the project get to this point through the CARES programme and we are delighted to support the development of the co-operative both for the benefit of local investors and for the wider community.”
For more information go to: http://westerderrywind.org.uk/
The share offer document will be available and everyone interested in the project is invited to attend.