News Digest Item
12 Nov 2018

EnBW to invite neighbours to invest in wind farms to increase public acceptance

Frankfurter Allgemeine Zeitung

Energy company EnBW wants to increase the acceptance of new wind farms in Germany by inviting private citizens to acquire a share in the projects even though the company does not need any financial capital, the Frankfurter Allgemeine Zeitung reports. EnBW offers investors a guaranteed return of three percent over seven years, which could be attractive for many people since central bank interest rates are near zero, the article says. The company wants to limit the offer to citizens that live near EnBW’s wind farms and will allow investments between 500 euros and 10,000 euros.

For background, read the CLEW factsheets Fighting windmills: When growth hits resistance and Polls reveal citizes’ support for Energiewende.

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