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Wind turbine offers renewable energy investment opportunity

Galbraith is marketing land, which is subject to a lease, for an operating wind turbine development that benefits from an accreditation under the Feed-in Tariff regime.

The Kilmany Wind Turbine development at Wester Kilmany Farm, Kilmany, Cupar, Fife, is a renewable heritable investment with a guide price of £275,000. 

The lease runs from 23 March 2015 to 8 April 2041 on the land, where the tenant has installed and commissioned an Enercon E53 wind turbine de-rated to 500kW. 

Rent is based on 10% of the gross revenue produced by the wind turbine payable annually in arrears each June. Rent of £31,987.50 was received in June 2018. The 0.74-acre site lies in an easily serviced location. 

This sort of investment is likely to generate interest from a wide range of purchasers as it provides a relatively predictable return which investors may feel offers some immunity from Brexit uncertainty and financial-market fluctuations,” said Cupar-based Mike Reid, Head of Energy at Galbraith.

Renewable-energy investors and developers are looking for opportunities such as this, and we’re also hearing from wealthy individuals looking to spread their exposure among a range of asset classes.

Those interested in information on Wester Kilmany should contact Mike Reid.