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Roseland community wind farm goes to appeal

February 27th, 2014 | 9:19 am

CO2Sense is pleased to announce our continued support of Roseland wind farm which has just lodged an appeal with the government planning inspectorate following a planning refusal in 2013. The project, being developed by the Roseland Community Energy Trust, may be the largest community owned wind farm in the UK.

If successful at appeal, the 12MW project could generate significant funds to support local small businesses and community initiatives. It is estimated that an average of £750,000 per year from the wind farm would be distributed through Community Voluntary Partnerships; a local charity, and the Local Enterprise Organisation which supports small businesses. Once constructed, the project will have the capacity to generate energy for up to 9,000 homes and the potential to save 21,450 tonnes of carbon dioxide per year. 

CO2Sense first provided £25,000 of investment in 2011 which funded part of the project’s original planning application costs. Once consent is obtained, the investment made by CO2Sense will be repaid.

John Hudson, Chief Executive of the Roseland Community Energy trust commented:

“The support from CO2Sense has been invaluable in enabling the project to continue to overcome the various obstacles we have faced”.

Jemma Benson, CO2Sense fund manager said:

“CO2Sense are keen to continue our support for the Roseland Wind project and believe that a positive decision by the planning inspectorate will yield significant benefit for the Bolsover community."

CO2Sense specialise in offering ethical investment to community and commercially owned medium scale renewable energy projects. CO2Sense offer flexible finance ranging from development investment, to bridging loans to cover costs between planning and construction, and short term construction loans. Investment is available now, contact CO2Sense to see how the investment may work for your renewable energy project either by phone 0113 247 3848 or kulraj.heer@co2sense.co.uk.

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