With a great last minute surge of interest, our Blackshaw Head wind turbine share offer was oversubscribed by £5,000. We are just about to allot the shares to our 64 applicants who all live within a few miles of the turbine.
Another great piece of news is that HM Revenue and Customs have approved the share offer as qualifying for Enterprise Investment tax relief; a tax relief to incentivise social investment which shareholders will be able to take advantage of.
Meanwhile the concrete base has been poured and the tower is being constructed off-site. The turbine is on course for erection in September.
Pennine Community Power 