Paul Thorburn, Wales’ former rugby captain has urged the people of Wales, and beyond, to get behind Awel’s community wind co-op. Paul says “This is a fantastic, co-operative way of taking action on climate change in the run up to the UN conference in Paris. Anyone can buy a share and therefore be a member of the co-op. One member, one vote. It’s an opportunity to share ownership of Welsh wind.
I have followed this project over the years and have written to support their planning application in the past. I know how determined these guys are. I am a big supporter of community energy projects. I look forward to seeing the turbines turning above the Swansea and Neath Valleys.
I harnessed wind energy to help some of my goal kicking attempts on the field, and to now see the benefits returned to the local community from this resource, is incredible.”
Dan McCallum from Awel commented “We are delighted to receive Paul’s backing. No one can forget that Monster kick as described by Bill McClaren in commentary. It is an iconic moment for Welsh rugby. Paul is absolutely committed to his local community. He’s been one of our longterm supporters and now that we need publicity for our co-op Share Offer, he has kindly agreed to put his name to it. We want Wales to take the lead on tackling climate change. By investing in our wind co-op, anyone in Wales, or indeed further afield, can be part of that effort. Please visit www.awel.coop to find our more and apply.”
The two turbines will generate clean energy, and feed all profits back into community projects.
This is an 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.
£121k has already been invested from across the UK since the Share Offer was launched last week.
There is an seven day window remaining 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 This will enable investors to claim existing tax relief before it is withdrawn by the government: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 (11.5% with EIS tax relief)
· Support local jobs.