ScottishPower Renewables (“SPR”) has operated Beinn an Tuirc Windfarm on the Kintyre peninsula since 2001 and is committed to maximising opportunities for local communities to benefit from their projects.
- BaT1 - 45 turbines up to 30 MW - complete
- BaT2 - 19 turbines up to 38 MW - complete
- BaT3 - 14 turbines up to 50 MW – construction started September 2019
Beinn an Tuirc Windfarm Phase 3, is a 50MW installed capacity wind scheme development by SPR on the Forestry and Land Scotland estate.
EKREG Ltd has Memorandums of Understanding with each of the above three Community Councils to advise and help them deliver the CSO offer that has been brought to the Community by SPR.
The rationale for incorporating EKREG Ltd was to enable a single point of trusted contact for the Community and provide a vehicle to proactively engage with developers and potential lenders including the Scottish Government, grant authorities and the Local Authorities. For the avoidance of doubt, EKREG Ltd will not be the final community investment vehicle which invests in BaT3.
If the Shared Ownership in Beinn an Tuirc 3 Term Offer from SPR is financially attractive to the Community, this could be the first multi-community investment in a non-subsidy windfarm in Scotland.
Check out the BaT3 CSO Newsdesk for all our news:
BaT 3 CSO Project Timeline
CSO Outline offer from SPR to Community Councils of East Kintyre, West Kintyre and Campbeltown. Completed
EKREG Ltd registers interest on behalf of Community in pursuing CSO. Completed
EKREG Ltd registers new model rules with FCA for Multi-Community Shared Ownership in a Renewable Energy Project. Ongoing
EKREG Ltd applies for LES Enablement Grant and Grant is approved (£25k). Completed
EKREG Ltd invites Tenders for Financial and Legal Advisers. Completed
EKREG Ltd engage financial and legal advisors. Postponed until Term Sheet received from SPR.
Offer term sheet from SPR shared under NDA with Community
Community declare intent to invest
Community Investment Vehicle created
Line up capital
Investment Offer Document
Community decides to invest
Windfarm comes on line
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