Investment bonds to be offered for Cornish wind farm

Renewable power supplier Good Energy is proposing to offer people in Cornwall the opportunity to invest in a wind farm. It plans to issue a local version of the Good […]

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By Priyanka Shrestha

Renewable power supplier Good Energy is proposing to offer people in Cornwall the opportunity to invest in a wind farm.

It plans to issue a local version of the Good Energy Bonds, which it released last year. The new scheme would be open to anyone living in Cornwall, with “preferential rates” to those living closest to the proposed Big Field Wind Farm site.

People would be able to make investments from as little as £50 initially, with the “opportunity to receive an annual rate of interest”.

The energy firm submitted a planning application earlier this year for the wind farm, which would consist of 11 turbines and generate enough electricity to power around 13,500 households.

Juliet Davenport, Founder and Chief Executive of Good Energy said: “There is already huge support for renewables in Cornwall and we want people to really get behind our new project – investing gives people a real stake in their own energy future.

“Investors in the new bonds will know that their money is helping to secure home-grown, low-carbon energy supplies for UK homes well into the future.”