A CORPORATE financier has drafted a paper outlining how Scottish communities could directly benefit from renewable projects by investing in a green energy bond. It marks the first significant work to set out how such a bond, mooted by Scottish ministers in their 2016-17 programme for government, would work in practice. Simon Robinson, a consultant with significant experience of helping firms raise finance to build wind farms and offload renewable assets, explored the practicalities behind the idea after holding talks with Scottish Renewables. It comes with the Scottish Government committed to having one gigawatt (GW) of renewable capacity under community and local ownership by 2020. The previous 500 megawatt target has already been exceeded.
Herald 18th Nov 2016 read more »