Funding

Though wind energy brings huge benefits and payback typically within 3-6 years, it nonetheless remains a significant financial investment. As each project and customer is different, there’s no ‘one size fits all’ approach to funding. Broadly speaking, these are as follows:

Asset Finance

This is the usual way that farms and businesses buy their machinery and equipment. It’s available – without the need for security – for amounts between £10,000 to £100,000.

Secured

This is secured on land, property or managed assets such as stocks and shares. It is also sometimes possible for lenders to secure a proportion of the financing on Feed-In-Tariff returns.

A number of finance institutions have schemes specifically for renewable energy projects. Royal Bank of Scotland and NatWest, for example, are very familiar with SIAC Wind Energy and have a fund where up to 100% of the total investment value can be borrowed.  Also, Barclays have launched a renewable energy fund specifically targeted at UK farmers.  This is where a solid, trusted brand like SIAC and the track record of a product like Bergey can provide just the lending security they require!

Equity shareholding

For medium scale turbine schemes - £500,000 and over – we can consider an equity share scheme based on the establishment of a Joint Venture Company.  Where some other companies just lease or rent your land, we actually offer you a proper stake in the investment, giving you a proportionate annual return.