Four Winds Energy Co-op share offer now open.
Share Offer Opportunity Now Open to ‘Ordinary Investors’
The Four Winds Energy Co-op in Derbyshire and Yorkshire has officially opened its share offer. Ordinary investors have the opportunity to get involved in the latest wind turbine project.
The proposed project plans to develop a 500KW wind turbine at Duckmanton near Chesterfield and a second 500KW wind turbine between Grimethorpe and Cudworth, near Barnsley. In addition planning applications have been submitted for sites at Riccall, near Selby and Yorkshire Main, near Doncaster. The plan is to build the first turbine at Duckmanton during 2014 to capture the 2013/14 Feed in Tariff. The second turbine, Shafton is planned to be operational during 2015.
Renewable energy specialists Energy4All has promoted ten project co-operatives including Four Winds Energy Co-operative. In order to push ahead, the share offer needs to raise £3.7m by the end of July. Investment is expected to come from a mix of local residents, individuals committed to the development of renewable energy, and the growing enthusiastic member base that follows all Energy4All’s projects around the UK.
Ordinary investors can get involved for as little as £250.00
Paul Rea, Chairman of the Four Winds Energy Co-op explains: “This project is driven by the desire to retain the benefits from renewable energy for the local community. With the help of Energy4All, we’re confident that the £3.7million will be raised within the 60-day deadline. Energy4All have an excellent track record in making things happen.”
The project has been designed to allow small investors to get involved. From as little as £100.00, for those living closest to the turbines, ordinary investors can see returns that outstrip anything a high street bank or building society can offer.”
Energy4All has earned itself an enviable reputation for raising the funds it needs for all its projects well inside the deadline. In many cases the share offers have been significantly over subscribed.
In its last three projects, Energy4All has raised a total of £6.4 million during the worst economic downturn since WW2. The company is confident that the next £3.7 million for the Four Winds Co-operative will prove to be just as popular as previous initiatives.
Marna McMillin, CEO of Energy4All explains: “We have a loyal membership base who invest small amounts in many of our projects. They are people looking for investment alternatives with better returns, and those who believe in the importance of renewable energy. Our share offers are well structured, transparent, and profitable. In a climate where public trust in our traditional banking system has been eroded, we offer something new that investors can really believe in.”
The share offer is published in accordance with the Financial Services and Markets Act and has been approved by Bates, Wells and Braithwaite London LLP solicitors, a firm authorised and regulated by the FCA.
To download the Four Winds Energy Co-operative share offer please visit the website: www.fourwinds.coop<http://www.fourwinds.coop>