BVP raised finance for the construction and operation of medium size (250 kW) wind turbines in Northern Ireland. Currently Northern Ireland offers one of the world’s best government backed incentives for the operation of medium sized wind turbines of up to 250 kW in maximum generation capacity. The government incentivises the operation of this size of turbine by granting four renewable energy obligation certificates (ROCs) to a project for every megawatt hour generated. Combined with the electricity generated, this results in a strong revenue stream from day 1 of project operation.
BVP has now financed five 250kW wind turbines in Northern Ireland.
These investments are completed in the form of a Loan Note with BVP Wind Finance Co. and there is no minimum investment amount per investor.