This page contains a Flash digital edition of a book.
VIEW, Issue six, 2012


Website: viewdigital.org


Page 17 not just for profits’


Nigel Brady, Bryson Energy (left), with Paul Phare, chair- man of the new Drumlin Wind Energy Co-operative and development manager Energy4All, and Andrew McMurray of NRG Solutions


Opportunity to share in Drumlin Energy scheme


WHEN Andrew McMurray of NRG Solutions decided to build wind tur- bines he went along the co-operative route, working with Paul Phare from Energy4All to set up Drumlin Energy Co-op – Northern Ireland’s first wind energy co-op. Energy4All was already experienced in the sector and had set up the


UK’s first wind farm co-op in Cumbria. The wind turbines to be used by Drumlin Energy all have planning consent and meetings have been held with local communities who can ex- pect to get a community benefit – £2,000 per turbine per annum index linked


fered initially to people living in Northern Ireland and other energy co-ops in the UK. Members will decide at an annual general meeting how profits will be spent but Paul and Andrew are hopeful the money will go on envi- ronment and educational projects. “Charitable organisations that have capital to invest may find Drumlin


Energy a good place to put their money,” said Paul. “They will be doing good things with their money and keeping money in Northern Ireland, where it will be recyled.” “Any charity can invest in Drumlin Energy – up to £20,000 per mem-


ber. They will be supporting an environmental, social enterprise and get a reasonable financial return,” Paul said.


• Further details about the share offer are on the Drumlin Wind Energy Co-op website: http://www.drumlin.coop


The minimum investment is £250 and 3.4 million £1 shares are of-


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