Crowd-funded £2.5m loan launched for wind project

A £2.5m peer-to-peer loan that will enable individuals to invest in farm-scale wind turbines has been launched by crowdfunding platform the Trillion Fund

A £2.5m peer-to-peer loan that will enable individuals to invest in farm-scale wind turbines has been launched by crowdfunding platform the Trillion Fund.

Lenders will need to pledge a minimum of £50 towards the installation of up to ten new wind turbines across the country, which will generate enough electricity to power more than 500 homes.

Crowdfunding allows individuals to invest in projects, typically as a debenture, which is repaid in instalments over a number of years along with a slice of the profits. 

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