| Register |
 |
 |
Be the first to know Scotland's latest rural news. Register Now for our FREE Rural Update service. |
 Register NowRegister LaterExisting members login now
|
Information 
News
Announcement - New guide to help communities finance renewable energy projects
A new step-by-step guide has just been published to help community groups find their way through the complex process of securing finance for renewable energy projects.
The Highlands and Islands Community Energy Company (HICEC) has produced the guide in response to a clear need amongst its community clients for advice on constructing a finance package in a way that ensures community control.
The guide comes with an interactive spreadsheet that allows the user to adjust factors such as wind turbine output, electricity price, proportion of debt finance and proportion of equity so that a good understanding can be gained about the impact these have on key issues such as debt repayments and cash balances.
Fifteen community groups in the Highlands and Islands are well on their way to developing their own wind schemes and aim to generate and sell electricity to gain long term revenue for future investment in their communities.
For more information on the guide please click here or to request copies, please contact Marion O' Hara (tel 01463 244371).
- Source
- Highlands & Islands Enterprise
- Date
- 27-Feb-2006
- Categories
- COMMUNITIES, Highlands and Islands, News - General