New £1.2m bond raised to support Scottish wind farm

The money was raised in just 20 minutes of having opened to the public

A total of £1.2 million has been raised to support a small-scale wind farm in Scotland.

The turbines have been operational for more than three years and produced 830,000kWh of electricity annually – enough to power around 270 homes a year.

Wind farm operator C &G Renewables Limited will use the money to support the day-to-day operation of the turbines, with investors expected to receive a 5% fixed interest rate over up to 12 months.

It was raised in just 20 minutes of having opened to the public through the Downing Crowd platform, part of investment manager Downing LLP.

Julia Groves, Head of Downing Crowd and Partner said: “With close to a third of all power produced in the UK being generated by renewable energy, this is clearly an interesting area for investors to get involved in. Our latest bond with C&G Renewables is also a great example of how investors can clearly see their money go towards small-scale, local projects that are making a positive difference to the UK’s energy market.”

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