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Who are Pen Y Cymoedd Wind Farm Ltd & what electricity services do they offer?

Name: Business Energy UK
Telephone: +448004647677

Below you can find some key details of Pen Y Cymoedd Wind Farm Ltd including the type of electricity licence they hold. Data comes from Ofgem, Companies House and their own website.

Who are Pen Y Cymoedd Wind Farm Ltd & what electricity services do they offer?

Pen Y Cymoedd Wind Farm Ltd website homepage

Company Name: Pen Y Cymoedd Wind Farm Ltd
Type of Electricity Licence: Electricity Generation
Company Number: 3494498
Year Founded: 1998
City: London

Full Address:

5th Floor 70, St Mary Axe, London, United Kingdom, EC3A 8BE

What electricity & energy services does Pen Y Cymoedd Wind Farm Ltd offer?

Community Fund Establishment: The fund has been established by the energy company Vattenfall for the benefit of communities hosting the wind farm in the upper Neath, Afan, Rhondda, and Cynon Valleys.
Annual Budget Allocation: The fund has an annual budget of £1.8 million, index-linked until 2043, to invest in local communities.
Investment in Communities: The fund offers opportunities for local people to invest in themselves and their ideas, aiming to build on the strengths of communities.
Independent Management: Managed by an independent, locally based not-for-profit Community Interest Company (CIC) with directors and staff having local connections and community engagement experience.
Funding Priorities: The fund's priorities include supporting innovation, skills development, training, enterprise, and community projects that directly benefit the areas hosting the wind farm.
Area of Benefit: The fund primarily supports communities in the upper Neath, Afan, Rhondda, and Cynon valleys, although applicants from outside the area can apply if their projects directly involve and benefit communities within it.
Financial Support: The fund provides financial support through grants, loans, and direct investments to eligible community projects and enterprises.
Transparency and Engagement: The fund engages in extensive local consultation to develop its prospectus and funding priorities and provides transparent information about its investments and activities.
Impact Reporting: The fund measures and reports on the social and economic impact of its investments, seeking feedback from communities and stakeholders.
Capacity Building: The fund aims to build the capacity of local enterprises and community organizations, fostering creativity, innovation, and partnership working.
Stimulating Economic Activity: The fund supports initiatives to stimulate and regenerate economic activity throughout its area of benefit, including investment in businesses like Afan Lodge to boost the local economy.
Community Engagement: The fund actively seeks input and involvement from local people, organizations, and communities to shape its investment decisions and future direction.