Highest Wind Farm in the UK
Community Share Offer
The Great Glen Energy Co-op purchased a stake in the Millennium wind farm on the 4th September 2008 after raising £1,288,270. In 2010 the members of the co-op were given the opportunity to purchase a further stake in the additional turbines which had been constructed since 2008. The co-op currently has 668 members each with a shareholding ranging from £250 to £20,000 (the maximum holding in the co-op). All members receive annual interest on their shares in the co-op. Irrespective of shareholding each member has one vote in decisions affecting the co-op.
The wind farm, owned and managed by Millennium Wind Energy Ltd is located in the hills north of Invergarry and south west of Fort Augustus. There are currently 26 x 2.5MW Nordex turbines on the site. When the wind farm is operating fully its 26 turbines generate enough clean, green electricity to supply around 36,000 average homes and help reduce reliance on existing less environmentally-friendly energy resources.
To generate clean, green electricity and help reduce reliance on existing less environmentally-friendly energy resources. The Great Glen Energy Co-op is part of a family of co-ops being developed by Energy4All Ltd in partnership with Falck Renewables Wind Limited.
Information about the Co-op
|6 Directors, each of whom carry out roles that deliver specific support to the benefit of the Co-op|
|The Board appointed Energy4All to carry out the day-to-day management & administration of the Co-op|