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News

UIST WIND SAVOURS SUPPORT ACT

13/9/2018

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Celtic fusion band Shooglenifty have added their backing to the Uist community wind project in the Outer Hebrides of Scotland.  Uist Wind is looking to raise £350,000 through a community share issue for the 1.8MW project.

The project has so far raised 75% of its target and the offer has been extended. Funds raised will be used to buy and install two 900kW Enercon E-44 wind turbines.

North Uist Development Company chair Mustapha Hocine said: “NUDC is fortunate that we are able to extend the deadline for completing the share offer.

“So please consider making an investment. Although £350,000 is our minimum and is now in sight, the more we raise from the share offer, the more profitable this project will be for our community – so it is really important that we keep pushing the share offer.

“Although much of the investment so far has come from the local community – and it is great to see that Uist is getting behind this project – you don’t have to be local to invest. The 4% annual return offered by this project is available to anybody who makes an investment, no matter where they are from.”

See: https://renews.biz/47862/uist-wind-savours-support-act/
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  • Home
  • About Us
    • Get Involved
    • Contact Us
  • Projects
    • Uist Wind
    • Lochmaddy School
    • Housing
    • Recent Projects
    • Completed Projects
  • LOCAL INFO
    • Local Businesses
    • Community Groups
  • News & Events
    • News
    • Events