DRUMLIN, NI’s first Wind Energy Co-operative has successfully raised £1.6m which means two of the proposed five turbines can start construction. The share offer has now been extended to 30th November 2012 so more turbines can be built.
Drumlin is offering a predicted annual average return of 10.3% (including tax relief) over a 20 year investment period. You can invest from £250 to £20,000 in the shares, which are eligible for Enterprise Tax Relief at 30% and are also free from inheritance tax.
This is a unique opportunity to become involved in a pioneering project.
l Five single 250kW wind turbines located in Northern Ireland (planning approved)
l FSA regulated share offer to raise £3,400,000
l Proven model which has been widely employed in GB, Europe and the US
l Co-op run democratically - one member one vote
l £10,000 per year community fund to support local educational activities
More details can be found in the share offer document at www.drumlin.coop.