Fri 25 July 2008 - Own your own wind turbine
I’ve been wondering about this for a while: if the government won’t fund wind power, is it possible to invest in it privately? I may not be able to buy my own personal windfarm, but could I buy a share in one?
Yes I can. Thanks to a story on AM this morning, I found this: Hepburn Wind, who have issued a prospectus for shares (minimum $1000) in a ~$10 million windfarm project that will power 2000 homes.
Excellent. I’ll seriously consider investing.
July 25th, 2008 at 6:28pm
Good.
July 25th, 2008 at 6:57pm
Ever read about this mob? I’ve been waiting for years to see if they would ever build this solar tower. Seemed like a great idea to me…we have plenty of sun afterall.
http://www.enviromission.com.au/index.htm
PS: Sorry I’ve spammed you a couple of times now, but only stuff I really think you’d be interested in!
July 25th, 2008 at 8:30pm
There’s one coming up in Daylesford you can probably invest in.
July 25th, 2008 at 9:42pm
Sounds reasonable!
July 25th, 2008 at 10:24pm
Scott Adams (of Dilbert fame) wrote about this a couple of days ago - he expressed interest in owning a share in a windmill or wind farm but didn’t know whether anyone had done anything like that.
http://dilbert.com/blog/entry/name_that_windmill/
July 26th, 2008 at 1:19am
I like it.
13.5% average return over 25 years is nice.
I’d expect it to be snapped up in the future by a bigger corporation, or it’ll merge with other wind farms and list on the asx. Either way the share price should increase.