We are really excited today to be launching the Share Offer for our community windfarm www.awel.coop . We’d like to invite you to invest in it from as little as £50.
The two turbines will generate clean energy, and feed all profits back into community projects.
This will be your opportunity to own some Welsh wind power, take action on climate change and get a return on your investment. The project has been developed by Awel Aman Tawe, a local charity. Full planning permission is in place for two turbines totalling 4.7 MW on Mynydd y Gwrhyd, about 20 miles north of Swansea.
There is a two week window for this Offer. The Share Offer is open until November 23rd 2015. This will enable investors to claim existing tax relief before it is withdrawn by the government:
- Due to the timeframe, we are allocating Shares on a first come, first served basis;
- Shares available from £50;
- Projected 7% Rate of Return;
- Our target is £500k – the first £150k may be eligible for SEIS tax relief (50%); and any above that may be eligible for EIS relief (30%);
- Support local jobs.
Click here to read our Share Offer Document and Application Form.
p.s. we are also promoting our friends at Carmarthenshire Energy who have a Share Offer open and keep an eye on Gower Power who have several exciting projects in development.