By Kari Williamson
The certification has been welcomed by the banks RBS and NatWest, which have made £50 million available to agricultural businesses seeking to install renewable energy, including wind turbines. The establishment of the fund has been accompanied by the set-up of a dedicated renewable energy team to assist investors.
Patrick Dormon, Managing Director of SIAC Wind Energy, comments: “At a time when investment and loans are hard to come by in many sectors, the proven track record of Bergey turbines is a massive comfort for lending security, making the link with RBS and NatWest excellent news for both farmers and the renewable energy sector – and indeed the country as a whole. This goes a long way towards removing one of the potential barriers to the installation of small and medium wind turbines.”
SIAC Wind Energy is the UK and Ireland distributor for US-based small wind turbine manufacturer Bergey.