Should the project be approved, Wind2 will provide a community benefit fund equivalent to £5,000 per megawatt (MW) of installed wind capacity and £500 per megawatt (MW) of installed solar capacity on the site, payable each year of the energy park’s operational lifetime.
Based on an installed capacity of approximately 100MW, this would provide up to an annual community benefit fund of £310,000. Assuming an operational lifetime of 30 years, this would translate into a total community benefit fund of up to £9.3million to be invested in local priorities and projects over that period.
Community Share Ownership
Wind2 would look to explore potential models for part community share ownership of the proposed Lairdmannoch Energy Park, whereby the local communities would have the opportunity to invest into the project.
A variety of community share ownership structures, in line with the Scottish Government’s Good Practice Principles, would be explored and discussed with the local communities as the project progresses to establish the appropriate structure of this opportunity.
Further information regarding community ownership is available at: www.localenergy.scot