March 05, 2020 - 997 views
Innogy Renewables UK have appointed Community and Voluntary Support Conwy (CVSC) as the community investment fund administrator for their Clocaenog Forest Wind Farm.
This is an exciting next step in the delivery of the Clocaenog Forest Wind Farm Community Investment Fund which will invest £786,000 per year throughout the lifetime of the wind farm, into its neighbouring communities.
The fund will be worth over £19 million to local communities throughout the lifetime of the project.
The 96MW project located near Denbigh will also produce enough renewable energy for the equivalent domestic needs of up to 63,800 average[1]UK households per year.
CVSC are a local charity with extensive grant making experience and a proven track record of supporting local communities.
Their first task will be to recruit a volunteer panel of local representatives who will play a critical role in finalising the criteria and structure of the fund, making decisions about funding applications and shaping the future direction of the fund.
CVSC will also be appointing a full-time fund manager who will be responsible for all aspects of administering the fund including supporting applicants as well as the decision-making panel.
Wendy Jones from Community and Voluntary Support Conwy said;
“We are absolutely delighted to have been awarded the contract to administer the Clocaenog Forest Wind Farm Community Investment Fund.
"We have a robust but flexible approach to grant delivery and we are looking forward to working with the communities to deliver the benefits of the fund effectively.”
