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WALES THIRD SECTOR FUNDING 
CONFERENCE 2014 
Making a better ask for funding 
Renewables: 
Funding for the future 
Venue Cymru, Llandudno 
2 October 2014 
Jennifer Pride, Welsh Government 
Vicky Davies, Ynni’r Fro Programme Manager, Welsh Government 
Grant Peisley, Datblygiadau Egni Gwledig (DEG)
Why would communities 
take on renewable energy 
projects? 
A long term, clean income stream 
•to invest as you decide 
•to attract match funding 
Sale of electricity – power purchase 
agreements 
Feed in Tariff (FIT) 
Renewable Heat Incentive (RHI)
Antur Ynni Aelhaearn. 
Pweru’r Gymuned Powering the Community. 
• Mae’r elw o’r cynllun yma i’w fuddsoddi ym 
mhrosiectau Antur Aelhaearn a’r gymuned, 
• Bydd cyfle i brynu cyfranddaliadu yn y fenter. 
• The profit from this project will be invested in 
Antur Aelhaearn’s and community projects. 
• There will be an opportunity to buy shares in the 
venture.
Antur Aelhaearn project 
Income Year 1 - 10 
1 2 10 
Incwm Income £391,739 £391,739 £391,739 
Cyfanswm Costau Rhedeg + Gwasanaethu Cyllid 
Total Running Costs + Servicing Finance £322,891 £280,865 £280,865 
Elw Net 
Net Surplus £68,848 £110,874 £110,874
Antur Aelhaearn 
Income Year 11- 20 
Blwyddyn 11 20 
Incwm 
Income Cyfanswm Costau Rhedeg + £391,739 £391,739 
Gwasanaethu Cyllid £ 1 7 8 , 7 3 4 .72 £178,734.72 
Elw 
Surplus £213,004.16 £213,004.16 
20 year average annual profit = £159,838
Antur Aelhaearn 
Investment 
Cyllid Cyfalaf Capital 
finance 
Cyfran 
Proportion Faint Sum 
Llog 
Interest 
Cyfnod 
Term 
Blynyddol 
Annual 
Benthyciad banc Bank loan 47% £564,000 8.00% 10 £84,053 
Benthyciad Ynni'r Fro loan 10% £120,000 8.24% 10 £18,078 
Buddsoddiad partner Partner investment 20% £240,000 
Cyfranddaliadau Share issue 20% £240,000 7.00% 20 £22,654 
Grant 3% £36,000 
Cyfanswm Total £1,200,000
Abergwyngregyn 
Community hydroelectric project
Abergwyngregyn 
Income: £200,000/year 
Costs: £1,250,000 
• Project development costs £60,000 
• Project construction costs £1,055,000 
• Contingency £134,000 
Share offer: £300,000 
Has raised over £142k to date since 
13 Sep launch
Penllegare Valley Woods
Penllegare Valley Woods 
The Penllergare Trust: 
• 24kw Archimedes screw hydropower unit. 
• Provide an income to allow them to: 
• conserve and maintain the historic 
landscape for enjoyment of the public. 
• Education and training – outdoor 
classroom 
• Enhance biodiversity
Penllegare Valley Woods 
The Penllergare Trust: 
• 24kw Archimedes screw hydropower unit. 
• Total construction cost: £505,830 
• Ynni’r Fro grant £113,919 
• Annual generation of 73,936 KWh 
• Annual income forecast £16,180 from FITs
Dyffryn Crawnon Green Energy 
16 kW high head micro hydro scheme in 
Brecon Beacons National Park 
• Total construction costs £115,000 
• Ynni’r Fro loan £70,000 
• Annual income forecast of £17,000 
• Net profit of £3,600 
• Annual energy generation of 65,833 kWh
Groups are using the income for: 
• Reducing fuel bills 
• Insulating houses in the community 
• Heating community halls 
• Training members of the community, for 
example to fit boilers or insulation 
• Building or buying local assets
So what’s it like actually doing it?
Support 
• Ynni’r Fro and its successor scheme 
• Renew Wales http://www.renewwales.org.uk/ 
• Robert Owen Community Banking Fund 
(ROCBF) https://rocbf.co.uk/ 
• Community Energy Development Fund 
• Business Wales 
• Wales Co-operative Centre
Over to you! 
•Would this be something that you could 
see your group doing? 
•What support or help would you think 
you’d need?
Advertisement!
Renewables – 
Funding for the future 
Thanks for listening! 
Jennifer.Pride1@wales.gsi.gov.uk 
Victoria.Davies@wales.gsi.gov.uk 
Grant@DEGcymru.org.uk

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Renewables - funding for the future

  • 1. WALES THIRD SECTOR FUNDING CONFERENCE 2014 Making a better ask for funding Renewables: Funding for the future Venue Cymru, Llandudno 2 October 2014 Jennifer Pride, Welsh Government Vicky Davies, Ynni’r Fro Programme Manager, Welsh Government Grant Peisley, Datblygiadau Egni Gwledig (DEG)
  • 2. Why would communities take on renewable energy projects? A long term, clean income stream •to invest as you decide •to attract match funding Sale of electricity – power purchase agreements Feed in Tariff (FIT) Renewable Heat Incentive (RHI)
  • 3. Antur Ynni Aelhaearn. Pweru’r Gymuned Powering the Community. • Mae’r elw o’r cynllun yma i’w fuddsoddi ym mhrosiectau Antur Aelhaearn a’r gymuned, • Bydd cyfle i brynu cyfranddaliadu yn y fenter. • The profit from this project will be invested in Antur Aelhaearn’s and community projects. • There will be an opportunity to buy shares in the venture.
  • 4. Antur Aelhaearn project Income Year 1 - 10 1 2 10 Incwm Income £391,739 £391,739 £391,739 Cyfanswm Costau Rhedeg + Gwasanaethu Cyllid Total Running Costs + Servicing Finance £322,891 £280,865 £280,865 Elw Net Net Surplus £68,848 £110,874 £110,874
  • 5. Antur Aelhaearn Income Year 11- 20 Blwyddyn 11 20 Incwm Income Cyfanswm Costau Rhedeg + £391,739 £391,739 Gwasanaethu Cyllid £ 1 7 8 , 7 3 4 .72 £178,734.72 Elw Surplus £213,004.16 £213,004.16 20 year average annual profit = £159,838
  • 6. Antur Aelhaearn Investment Cyllid Cyfalaf Capital finance Cyfran Proportion Faint Sum Llog Interest Cyfnod Term Blynyddol Annual Benthyciad banc Bank loan 47% £564,000 8.00% 10 £84,053 Benthyciad Ynni'r Fro loan 10% £120,000 8.24% 10 £18,078 Buddsoddiad partner Partner investment 20% £240,000 Cyfranddaliadau Share issue 20% £240,000 7.00% 20 £22,654 Grant 3% £36,000 Cyfanswm Total £1,200,000
  • 8. Abergwyngregyn Income: £200,000/year Costs: £1,250,000 • Project development costs £60,000 • Project construction costs £1,055,000 • Contingency £134,000 Share offer: £300,000 Has raised over £142k to date since 13 Sep launch
  • 10. Penllegare Valley Woods The Penllergare Trust: • 24kw Archimedes screw hydropower unit. • Provide an income to allow them to: • conserve and maintain the historic landscape for enjoyment of the public. • Education and training – outdoor classroom • Enhance biodiversity
  • 11. Penllegare Valley Woods The Penllergare Trust: • 24kw Archimedes screw hydropower unit. • Total construction cost: £505,830 • Ynni’r Fro grant £113,919 • Annual generation of 73,936 KWh • Annual income forecast £16,180 from FITs
  • 12. Dyffryn Crawnon Green Energy 16 kW high head micro hydro scheme in Brecon Beacons National Park • Total construction costs £115,000 • Ynni’r Fro loan £70,000 • Annual income forecast of £17,000 • Net profit of £3,600 • Annual energy generation of 65,833 kWh
  • 13. Groups are using the income for: • Reducing fuel bills • Insulating houses in the community • Heating community halls • Training members of the community, for example to fit boilers or insulation • Building or buying local assets
  • 14. So what’s it like actually doing it?
  • 15. Support • Ynni’r Fro and its successor scheme • Renew Wales http://www.renewwales.org.uk/ • Robert Owen Community Banking Fund (ROCBF) https://rocbf.co.uk/ • Community Energy Development Fund • Business Wales • Wales Co-operative Centre
  • 16. Over to you! •Would this be something that you could see your group doing? •What support or help would you think you’d need?
  • 18. Renewables – Funding for the future Thanks for listening! Jennifer.Pride1@wales.gsi.gov.uk Victoria.Davies@wales.gsi.gov.uk Grant@DEGcymru.org.uk