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Barra and Vatersay
Renewable energy (Environment)
As the southernmost inhabited islands of the Outer Hebrides in Scotland Barra and Vatersay bear the brunt of whatever weather the Atlantic throws at them. Not that
the locals mind with a community owned turbine harnessing the gales to generate electricity; the income generated from the sale of the electricity is set to provide the local community with an annual income for the foreseeable future.
Energy is a necessity in modern life but the current dependence on fossil fuels to provide it has a high environmental and social impact. We believe that a fundamental transition is needed away from a carbon based economy to a renewable one. By lending and investing in this sector we try to stimulate this transition, with our main focus on financing solar, wind and hydro energy.