Muirhall Energy have recently signed a sixth Memorandum of Understanding with community groups local to the potential Crossdykes Wind Farm development.
A Memorandum of Understanding (or MoU) is a formal agreement between two or more parties. It is not legally binding but carries a degree of seriousness and mutual respect.
The involved parties include three community councils, and three other independent groups surrounding the development.
The Memorandums account for £6 million worth of community benefit, with a figure of £240,000 per year to be distributed locally over the 25 year operational lifetime of the wind farm.
In addition to this, the Memorandums set out allocations of up to 10% shared ownership in the development. Progress has so far been made through the issue of a £25,000 grant by Local Energy Scotland, and the assignation of Scene Consulting to look into the feasibility of the community groups investing
Nick Jennings, Chair of the Upper Eskdale Development Group said:
“The UEDG is very pleased to be working with Local Energy Scotland and Scene Consulting to explore Muirhall Energy’s generous offer of a community owned share in its proposed Crossdykes Development and wish Muirhall every success.”
Lockerbie Swimming and community Hub
Hutton community fellowship
Langholm ewes and Westerkirk CC