An urgent plea has been made to potential investors to buy shares in the UistWind community wind farm project to aid in helping the community project to reach its yearly fundraising total of £350,000. The project by the North Uist Development Company is seeking to raise £2.33million for the community over the project’s projected lifespan of 22 years, with the profits going straight back to the community via North Uist Development Company’s charitable activities. The total cost of the project is to cost around £3.5million with two turbines being placed at Criongrabhal, near Clachan-na-Luib, with the majority of the project being funded through £2.5million loan coming from Triodos Bank. A further £650,000 has been made available through a loan from the Energy Investment Fund.
Press & Journal 12th Dec 2018 read more »
Stornoway Gazette 11th Dec 2018 read more »