Community Benefit Fund: Background

The Islay Community Wind Project was created to pursue IET’s aims of establishing a more sustainable, socio-economic future for the islands through the exploitation of renewable energy resources using local enterprise. This project is unique as it is one of the first community-owned wind projects in Scotland to be part-financed through a community benefit society share offer.

The community wind turbine at Castlehill on Islay is owned by the Islay Energy Community Benefit Society (IECBS). Islay Energy Trust manages the operation and maintenance of the turbine on their behalf, as well as administering the Islay Energy Community Benefit fund on the society’s behalf.

As of October 2018 there had been £82,619.64 distributed to the community from the Community Benefit Fund. This has been as a result of:

  • 91 expressions of interest in the fund submitted from across Islay, Jura and Colonsay
  • 52 full applications
  • 48 offers of funding
We have funded a wide range of different local project areas; from modernising home heating systems, to helping repair pathways around Islay to supporting schemes aimed at helping environmental projects.

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