Form a Joint Venture partnership with us, and we all equally invest 50% of the costs, and share the same percentage of the profits from the turbine over the next 20 years.
A key benefit of this arrangement is that it helps our Joint Venture (JV) partners afford much larger turbines than they would normally aim for on their own. (For example, one or even two 225kw turbines, instead of just one 50kw turbine.)
Please note that due to recent Government announcements we are unable to look at sites which do not already have planning permission. Sorry. 🙁
INSTALLED ‘AT COST’ »
Because we invest equally, everything is done ‘at cost’—including site preparation, ground works and erection, using contractors local to your area.
We always look to use your preferred local contractors, and always share half the costs with you. (Some farmers have their own diggers and prefer to dig the foundation themselves, which is fine too – it all helps.)
As far as we are aware, there’s no cheaper way of getting wind turbines on your land while still getting a much larger share of the revenues than a basic ground rent (land lease) arrangement would offer.
R.O.I. WITHIN 3 YEARS!
When we form a JV, the only thing you buy directly from us is the turbine(s)—because our unique 225kw and 500kw fully remanufactured wind turbines cost far less than what you would normally expect to pay, but they look and perform like new… meaning you can expect a return on your investment in as few as 2 to 3 years, providing you have average annual wind speed greater than 6 metres per second.
Once we’re your wind energy JV partners, we will always be there, ensuring the turbine runs trouble-free for 20 years or more, because we will have invested as much as you.
How Much Money Will it Make?
In simple terms, the faster your wind speed, the sooner you will get a fantastic return on the investment you make in your site – a percentage rate of return far higher than you can get with nearly all other forms of low-risk investment.
If you’re interested in forming a JV with us, start by requesting a free wind speed assessment – even if you already know you have good wind speed across your land, we will be able to estimate the revenues that are possible with our turbines and then make contact with you for a chat.
How Much Does it Cost?
As mentioned above, you buy the turbine from us, simply because we source and rebuild the turbines and provide the warranty. This arrangement means we can introduce massive costs savings into the partnership and significantly reduce the time it takes to realise a return on your investment.
The expected energy yields for the Vestas V27 & V39 at various annual wind speeds (AMWS) is shown below:
To convert to actual ‘£’ revenue, add “000” to each figure, and multiply by 25 pence.
For example: A Vestas V27 @ 6ms 411000 x 0.25 = £102,750.00.
The annual electricity consumption of a medium size home is in the region of 4-6 MWh or 11-16 kWh per day. At 6 m/s wind speed the Vestas V27 can provide the average annual energy needs for 100 homes, and the Vestas V39 is 190 homes.
Prices include the planning application, foundation, wind turbine, fitting, crane hire, electrical installation and commissioning, but exclude grid connection.
How It Works
Click the tabs below to read about specific stages of the joint venture process, which has been refined to ensure our wind turbine ventures run smoothly and profitably for both parties…
[accordion auto_height=”false” ui_theme=”ui-smoothness” collapsible=”1″ active=”false”][accordion_panel title=” Initial Consultation & Site Selection”]When you first contact us we will review your property and identify a suitable site based on wind speed and other factors. Of course you may already have an idea of where to site a wind turbine(s) so this stage is more of an informal chat. We also explain the joint venture process and answer any questions you have. At this point no commitment has been made by either party, so it’s a good opportunity to get to know each other. [/accordion_panel] [accordion_panel title=”Contract Signed”]Once both parties are satisfied about collaborating on a wind turbine project, a legal contract is drawn up and signed to protect both parties and give them peace of mind. [/accordion_panel] [accordion_panel title=”Applications Submitted”]By this stage we’re ready to apply for a Grid Connection and also prepare and submit the planning application – which includes us preparing (with your help and input) and ‘Design & Access’ statement. [/accordion_panel] [accordion_panel title=”Create JV Company & Commission Grid Connection”]Provided the planning application is approved then we all form a corporation – a legal entity that both you and Boythorpe Wind Energy will be shareholders of. Revenues generated by the turbine(s) are paid to this entity and then distributed to you and us based on previously agreed profit share. We also at this stage commission the grid connection. [/accordion_panel] [accordion_panel title=”Ground Works/Civils”]Now the most exciting part of the project begins – where a ‘spade breaks the ground’ and our team actually commence the first stage ground works and civil engineering. [/accordion_panel] [accordion_panel title=”Electrical Installations inc. Grid connection”]Electrical Installations inc. Grid connection [/accordion_panel] [accordion_panel title=”Erect Turbines & Commissioning”]At this stage we are now ready to erect the turbine(s), which includes the G59. [/accordion_panel] [accordion_panel title=”Ongoing Maintenance & Monitoring”]The final stage of the process – our turbine(s) will be fully operational and generating revenue, so all we now have to do is maintain and monitor the site which is fully included throughout the entire duration of our joint venture partnership. [/accordion_panel] [/accordion]
Click here for more detailed information about our Joint Venture Partnerships.