Deals Counterparts

ATTIX CIC secures £5.6 million in blended finance for 2.5 MW community-owned wind project in Kilbirnie, Scotland

Financing Onshore Wind announced Kilbirnie, Scotland Mar 4, 2026
GBP5.6M
Deal Value
2.5 MW
Capacity
operating
Stage

ATTIX CIC secured £5.6 million in blended finance, including £1.6 million from Social Investment Scotland and £4 million from Community Energy Catalyst (managed by Thrive Renewables in partnership with Better Society Capital), for its 2.5 MW community-owned wind project in Kilbirnie. The project also received support from Local Energy Scotland and grant funding from Great British Energy and the Scottish Government via CARES.

Counterparts (7)

Deal Analysis

ATTIX CIC has successfully secured £5.6 million in blended finance for its 2.5 MW community-owned onshore wind project in Kilbirnie, Scotland. Announced on March 4, 2026, this financing package underscores the increasing viability and strategic importance of localized renewable energy initiatives, particularly those structured under a community ownership model. The project's 2.5 MW capacity, while modest in utility-scale terms, represents a significant step for community-led energy generation and contributes directly to local energy independence and decarbonization efforts. The deal is notable for its diverse funding consortium, blending £1.6 million from Social Investment Scotland with £4 million from Community Energy Catalyst, managed by Thrive Renewables and Better Society Capital. This core debt is complemented by grant funding from Great British Energy and the Scottish Government via CARES, alongside support from Local Energy Scotland. This multi-faceted financing approach, involving social investment, dedicated community energy funds, and government grants, highlights a robust framework for de-risking and enabling smaller-scale, community-led renewable projects, aligning with Scotland's broader decarbonization and local energy empowerment goals.
  • Blended finance structure combining social investment, dedicated community energy funds, and government grants.
  • Focus on a community-owned onshore wind project, promoting local energy benefits and ownership.
  • Collaboration of diverse public, social, and private capital providers, including Great British Energy and Social Investment Scotland.
  • Support for smaller-scale renewable energy development in Scotland, demonstrating a viable model for distributed generation.

Source Intelligence

KEY DETAILS

The project is Scotland’s first community-owned development to operate commercially without long-term government subsidies. All profits from electricity sales will go into Radio City’s programme of sustainable development projects, including an Employment Hub, sustainable transport, addressing health and educational inequalities, upgrading sports facilities, and assisting with fuel poverty. The project also received grant funding from Great British Energy and the Scottish Government via CARES. ATTIX CIC is asset locked to Radio City Association Ltd. Radio City Association is also developing a small-scale hydro site as part of its wider ‘Electric Valley’ sustainability project. Quote: "The Kilburnie wind turbine has completed its first full week of operations, becoming Scotland’s first community-owned development to operate commercially without long-term government subsidies." "Additionally, the development will deliver over 3,000 tonnes of carbon emissions reductions annually." "The project will directly benefit local causes, with all profits from electricity sales going into Radio City’s programme of sustainable development projects that address the need for capital investment in a new Employment Hub, offering employment and training opportunities for local people, improve sustainable transport opportunities and help to address health and educational inequalities locally, as well as upgrading local sports and recreational facilities." "It will also support the charity’s ongoing work to address the substantial fuel poverty in its community through assistance with energy vouchers, distribution of halogen heaters and electric blankets, as well as one to one advice to combat and reduce peoples’ energy bills." "The project has also received a combination of Great British Energy and Scottish Government grant funding via CARES." "ATTIX CIC is a Community Interest Company established and asset locked to Radio City Association Ltd to develop the community turbine in Kilbirnie." "As well as this onshore wind turbine, Radio City Association is also developing its wider ‘Electric Valley’ sustainability project including working with Scottish Water in the development of a small-scale hydro site."

Deal Size
It brings together £5.6 million in blended finance – £1.6 million in social investment from Social Investment Scotland and £4 million from Community Energy Catalyst, a £40 million facility managed by Thrive Renewables, in partnership with Better Society Capital.
Capacity
2.5 MW community-owned wind project in Ayrshire goes into commercial operation
Location
The Kilburnie wind turbine has completed its first full week of operations, becoming Scotland’s first community-owned development to operate commercially without long-term government subsidies. The 2.5 MW turbine in Kilbirnie, North Ayrshire...
Financials
It brings together £5.6 million in blended finance – £1.6 million in social investment from Social Investment Scotland and £4 million from Community Energy Catalyst...
COD
2.5 MW community-owned wind project in Ayrshire goes into commercial operation Wednesday, 04 March 2026
PARTIES MENTIONED IN SOURCE
A
ATTIX CIC developer

"Allan Wilson, Director of ATTIX CIC. ... ATTIX CIC is a Community Interest Company established and asset locked to Radio City Association Ltd to develop the community turbine in Kilbirnie."

S
Social Investment Scotland investor

"£1.6 million in social investment from Social Investment Scotland"

C
Community Energy Catalyst investor

"£4 million from Community Energy Catalyst, a £40 million facility managed by Thrive Renewables, in partnership with Better Society Capital."

T
Thrive Renewables manager

"a £40 million facility managed by Thrive Renewables, in partnership with Better Society Capital."

B
Better Society Capital partner

"managed by Thrive Renewables, in partnership with Better Society Capital."

L
Local Energy Scotland supporter

"Local Energy Scotland supported the project through planning and design with a loan from the Scottish Government’s Community and Renewable Energy Scheme (CARES)."

S
Scottish Government lender/grant_funder

"Local Energy Scotland supported the project through planning and design with a loan from the Scottish Government’s Community and Renewable Energy Scheme (CARES). The project has also received a combination of Great British Energy and Scottish Government grant funding via CARES."

G
Great British Energy grant_funder

"The project has also received a combination of Great British Energy and Scottish Government grant funding via CARES."

R
Radio City Association Ltd beneficiary/parent_company

"all profits from electricity sales going into Radio City’s programme of sustainable development projects... ATTIX CIC is a Community Interest Company established and asset locked to Radio City Association Ltd to develop the community turbine in Kilbirnie."

high quality Enriched Mar 4, 2026

Timeline

Announced
Mar 4, 2026
Signed
Closed