Community ownership opportunity
EDF Renewables is committed to providing an opportunity for local community groups to collectively have up to 10% Community Ownership of Shelloch wind farm. This is an opportunity for community groups within Stirlingshire, both within and outwith the wind farm Community of Interest for Community Benefit, to invest in, and share in the profits of, the proposed Shelloch Wind Farm.
Force 9’s development partner, EDF Renewables, is committed to paying Community Benefit at the prevailing Scottish Government recommended rate: currently at a value equivalent to £5,000 per Mega Watt of installed capacity, for every year of operation (anticipated to be 30 years) to help fund community projects within the Community of Interest. For illustrative purposes, if a 24 MW wind farm is constructed, this would be worth £120,000 per year (index linked) for local communities, for each year of operation.
It will also be possible to capitalise some or all of the available community benefit funding in order to allow community groups in the Community of Interest to invest in the separate Community Ownership Opportunity should they so wish.
Opportunities for local business
Force 9 Energy and EDF Renewables are committed to giving local businesses every possible opportunity to share in the financial and employment benefits of the construction and operation of Shelloch wind farm. If constructed, Shelloch wind farm will offer opportunities for local businesses such as accommodation providers, hire companies, fencing contractors, tradesmen and machinery plant owners. If you are part of a local business, please contact us and we will register your interest and keep you informed about valuable opportunities for local businesses connected with the wind farm.