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Welsh community wind project looking for investors

 
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kenneal - lagger
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Joined: 20 Sep 2006
Posts: 9500
Location: Newbury, Berkshire

PostPosted: Sat Nov 12, 2016 5:43 pm    Post subject: Welsh community wind project looking for investors Reply with quote

The Awel wind turbine project in south Wales near Swansea is looking for investors of between 50 and 100,000.
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"When the last tree is cut down, and the last river has been poisoned, and the last fish has been caught, Only then will you find out that you cannot eat money". --The Cree Indians
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PS_RalphW



Joined: 24 Nov 2005
Posts: 5164
Location: Cambridge

PostPosted: Thu Mar 30, 2017 7:31 am    Post subject: Reply with quote

The turbines have been producing for 2 months now, and have passed 2.2MWh, well ahead of projections. This in spite of them still being in the testing phase with some down time.

My 0.167 % share in the total project cost has already offset my anticipated annual consumption of electricity. My annual dividend cheque should pay for by electric bills and some of the heating costs as well.
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emordnilap



Joined: 05 Sep 2007
Posts: 13484
Location: way out west

PostPosted: Thu Mar 30, 2017 9:54 am    Post subject: Reply with quote

Jealousy, Ralph. This type of scheme should be common. Is it possible to show a 'rate of return' on your investment?
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