CVSC awarded £19m Clocaenog Community Fund
Innogy Renewables UK have appointed Community and Voluntary Support Conwy (CVSC) as the community investment fund administrator for their Clocaenog Forest Wind Farm.
Clocaenog Forest Wind Farm appoints community investment fund administrators
- Community and Voluntary Support Conwy appointed as fund administrators
- Panel of local representatives to be recruited who will be responsible for shaping the future direction of the fund
- The fund will be worth over £19 million to local communities throughout the lifetime of the project
4th March 2020
Innogy Renewables UK have appointed Community and Voluntary Support Conwy (CVSC) as the community investment fund administrator for their Clocaenog Forest Wind Farm. This is an exciting next step in the delivery of the Clocaenog Forest Wind Farm Community Investment Fund which will invest £786,000 per year throughout the lifetime of the wind farm, into its neighbouring communities.
The 96MW project located near Denbigh will also produce enough renewable energy for the equivalent domestic needs of up to 63,800 averageUK households per year.
CVSC are a local charity with extensive grant making experience and a proven track record of supporting local communities. Their first task will be to recruit a volunteer panel of local representatives who will play a critical role in finalising the criteria and structure of the fund, making decisions about funding applications and shaping the future direction of the fund. CVSC will also be appointing a full-time fund manager who will be responsible for all aspects of administering the fund including supporting applicants as well as the decision-making panel.
Wendy Jones from Community and Voluntary Support Conwy said;
“We are absolutely delighted to have been awarded the contract to administer the Clocaenog Forest Wind Farm Community Investment Fund. We have a robust but flexible approach to grant delivery and we are looking forward to working with the communities to deliver the benefits of the fund effectively.”
Katy Woodington from innogy said;
“CVSC have been appointed following an extensive community consultation exercise and a rigorous tender process. We are really excited to be working with them and can’t wait to see this fund start benefitting communities neighbouring the wind farm. I would urge anyone with an interest in getting involved in the fund panel to consider making an application. CVSC are looking for people from all sorts of backgrounds and experiences who share their passion and enthusiasm to maximise the impact of this exciting fund, ensuring it leaves a real positive legacy in the area.”