Wind farm se­cures £8.5m

The Press and Journal (Aberdeen and Aberdeenshire) - - BUSINESS - BY STAN ARNAUD

Scot­land’s big­gest com­mu­nity-owned wind farm has se­cured an £8.5 mil­lion re­fi­nanc­ing deal from Lombard and Royal Bank of Scot­land, guar­an­tee­ing its con­tin­ued op­er­a­tion and con­tri­bu­tion to other com­mu­nity projects.

The 6.9 megawatt (MW) scheme, on the South Uist es­tate and owned by Storas Uib­hist, gen­er­ates enough elec­tric­ity to sup­ply 850 ten­ant crofters as well as pro­vid­ing an in­come for the com­mu­ni­ties of Eriskay, South Uist and parts of Ben­bec­ula.

Storas Uib­hist, a com­mu­nity-owned com­pany, over­sees the op­er­a­tion of the wind farm, in ad­di­tion to a num­ber of other projects across the 93,000-acre South Uist Es­tate, in­clud­ing the man­age­ment and main­te­nance of the Bon­nie Prince Char­lie trail, Lochbois­dale

“The wind farm also gen­er­ates in­come we can rein­vest”

har­bour and the worl­drenowned Askernish golf course.

Storas Uib­hist chair­woman Mary Sch­moller said: “The goal of Storas Uib­hist is to sup­port and pro­tect the nat­u­ral, so­cial and eco­nomic as­sets of the is­lands to cre­ate a vi­brant and sus­tain­able econ­omy, one that at­tracts peo­ple to visit, live and work.

“The wind farm not only en­sures the is­lands have a sus­tain­able source of elec­tric­ity, it also gen­er­ates in­come we can rein­vest back into the com­mu­ni­ties of South Uist, Eriskay and Ben­bec­ula to boost the econ­omy, pro­tect lo­cal croft­ing prac­tices and gen­er­ate em­ploy­ment op­por­tu­ni­ties for fu­ture gen­er­a­tions. We’d like to thank Royal Bank of Scot­land and Lombard for its sup­port and un­der­stand­ing of our goals.”

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