An renewables focussed initiative that prioritises local communities and businesses is well on the way to delivering an estimated £101 million boost to the South Lanarkshire economy.
Connect2Renewables (C2R) was launched in 2014 by Banks Renewables with the support of local communities in South Lanarkshire and South Lanarkshire Council, and seeks to maximise the social and economic benefits of the Company’s wind farm developments in the local area.
With construction of the 88MW Kype Muir Wind Farm, south of Strathaven, well underway, it is now estimated that the project will be worth more than £100 million to the local economy.
To date, nearly £20 million of contracts have be let to firms based within 30km of the Kype Muir wind farm.
Local firms that have benefited from large contracts include Drumclog Plant Hire, Hillhouse Quarry Ltd and KT Montgomery.
Colin Anderson, Development Director of Banks Renewables, said: “A key part of Connect2Renewables is to ensure we use as many local contractors as possible, as we know this has a hugely positive knock on effect for the local economy and the people living and working there.
“The construction of Kype Muir Wind Farm will positively contribute to the area for a generation, with local community groups, shops, businesses and individuals seeing tangible benefits.”
As well as the Connect2Renewables commitments, Banks will work with South Lanarkshire Council and the local communities to maximise the benefits delivered by the £11.5 million of direct community funding flowing from the project.
Kype Muir Wind Farm will also contribute nearly £30 million in business rates over its lifetime that will support South Lanarkshire Council to provide high quality services to the communities of South Lanarkshire.
Construction works, including turbine erection, and connecting the wind farm to the National Grid, are programmed to be completed by early 2019.