Community Energy Society on target to become sole Owner of Mean Moor Wind Farm in a staggering £5.7 million take over

13/05/2020

High Winds Community Energy Society is currently one of three community energy enterprises who own Mean Moor Wind Farm near Ulverston, Cumbria.  In a bid to make the Wind Farm work more effectively for the benefit of both its members and the community, it is now their intention to become the sole community owner.  To do this, High Winds proposes to raise up to £5.7 million, by the issue of £2.8 million Loan Notes and 2.9 million £1 Shares. 

This share offer has been made in three tranches with the first two successfully bringing in over £3.6 million already.  Loan Notes and/or Shares can still be acquired in the following ways:

  • A 5-year loan note offering 4% annual interest
  • Withdrawable Shares with a projected return of 4.5% to 5%.

High Winds Community Energy Society is supported and assisted by Energy4All Ltd.  High Winds is part of a large family of 27 renewable energy cooperatives developed by Energy4All, demonstrating the power of co-operation in the renewables sector.

This final tranche will remain open until 29th May 2020.

If you are interested in finding out more about High Winds Community Energy Society or require more information on this offer please contact info@highwinds.coop or visit www.energy4all.co.uk/highwinds-share-offer        

ENDS

Notes to Editor:

* Energy4All is owned by the community co-operatives it creates and is unique in the UK. It was established in 2002 and has since then raised over £70 million to fund 27 community owned renewable energy co-ops throughout the UK. www.energy4all.co.uk