Viking Energy has the go-ahead to to put up approximately 103 wind turbines here in Shetland. That produces enough power for 175k people but there are only 22k living here in Shetland. The remaining power for 153k will be, in effect, pumped down to Scotland.
That means a profit of something like £30m per annum for Viking Energy Partnership. That is split up and Viking Energy Ltd own 50%.
That breaks down again. Shetland Charitable Trust have 90% of of Viking Energy Ltd. That means that Shetland Charitable Trust are going to receive a very healthy income from the wind power that is produced, without polluting or destroying the Island.
Good, eh :))
That breaks down again. Shetland Charitable Trust have 90% of of Viking Energy Ltd. That means that Shetland Charitable Trust are going to receive a very healthy income from the wind power that is produced, without polluting or destroying the Island.
Good, eh :))
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