Small Wind Co-op opens bond offer to buy 225 kW turbine in Co Durham
27 November 2018
Earlier this month the Small Wind Co-op launched a £450,000 bond offer to purchase a 225 kW operational turbine in County Durham. The bond offers a 4.5% return on investment.
So far, £290,000 of the £450,000 has been raised.
The co-op's website says: "Buying an operational turbine is an important part of SWCs plans to increase its fleet and improve its financial clout while it develops several new wind turbine sites which will have to operate entirely without subsidy, as the UK government have now removed all support for onshore wind completely."
The Small Wind Co-op was originally set up by Sharenergy Co-operative.