The company behind the controversial Lingo Windfarm project has announced a deal to give communities near the site a share of the scheme’s profits - if it goes ahead.
West Coast Energy say they will give the four communities closest to the windfarm site a 10 per cent share in the net profits.
That money will be split between residents from the Carnbee and Arncroach, Largoward and District, Boarhills and Dunino and Cameron Community Council boundary areas.
Each of the four areas will receive a fifth of the money with the remainder left for cross-boundary projects or major initiatives within one of the four communities.
The Arncroach and Carnbee Community Development Trust has offered to take the lead in setting up a limited company to receive, manage and channel the funds through trusts set up in each of the constituency communities.
A Community Benefit Forum, chaired by local businessman Martin Dibley, was formed in the autumn of last year with a remit to determine which communities should benefit, what percentage of the overall profits they should receive as well as the legal structure of the fund’s distribution body.
Residents from Arncroach and Carnbee, Largoward and Boarhills took part in the forum but residents from Cameron are still being sought to participate.
Steve Salt, planning and development director at West Coast Energy, said: “We have engaged extensively with the local communities living around the Lingo windfarm site and are pleased to have come to an agreement with a progressive and positive group of local residents who share in our ambition of achieving lasting social and economic outcomes for their communities.
“At the heart of our business is a commitment to the principle that, across all of our projects, local communities should benefit from the generation of local renewable energy in their area.
“All parties have a common goal in securing a sustainable and comprehensive community benefit arrangement, so the group have ensured Cameron are treated equally by safeguarding their interests.
“We welcome future involvement from Cameron Community Council and suggest that any community-minded groups and individuals residing in and around the area should approach the A&C CDT in order to shape any decisions made going forward.”