A drop-in session in Kirriemuir on Saturday (May 31) will be a chance for residents of Angus to find out more about how they can own shares in a local wind turbine.
The Wester Derry Wind Co-operative will own a 250 kilowatt wind turbine at Wester Derry Farm, Kilry in the lower reaches of Glen Isla.
The project was launched in April and members of the public can now become members of the co-operative.
They can buy shares from as little as £250 up to £50,000 and will receive a good return on their investment, along with substantial tax benefits.
The Co-operative will be running a drop-in session in Kirriemuir and anyone interested in investing in the project is invited to go along.
The session will be held at the Thrums Hotel, Kirriemuir on Saturday and will run from 11 a.m. to 2 p.m.
Glen Isla farmers Alastair and Diane Ramsay are behind the ground-breaking project which is designed to allow many more people to share in the benefits of renewable energy.
Diane is especially keen that local people get the opportunity to invest.
She said: “We’ve had a really positive response to what we’re doing and these drop-in sessions are a great way for people to find out more about the project. Anyone can pop in for a chat, pick up a share offer document and quiz the directors on how it will work. I’d encourage anyone interested in investing to come along”.
As well as offering members a healthy return on their investment, the project will also pay into a community fund which will support local primary schools.
The co-operative is being developed in collaboration with Sharenergy, a not-for-profit organisation which helps community groups develop renewable energy co-ops throughout the UK.
Jon Halle of Sharenergy said: “We’ve sold all the ‘pioneer’ shares which is great news and it means we can order the turbine. There are still plenty of normal shares left and we’re really keen that, as much as possible, the shares are owned by the people of Angus and Perthshire.”