Product Name: Scotian Wind Green BondsOverview: These 5 year bonds pay 7% interest quarterly to accredited investors, charities and corporations. We pay 1% of the annual gross revenues of our limited partnership to local communities across Nova Scotia where our 20 wind turbines are located. This amounts to $185,000 per year that is paid to 12 different not-for-profit organizations in rural communities. These organizations determine how the funds will be allocated as determined by committees of local volunteers who know the needs of their community.Issues Focused:
Affordable and Clean Energy, Sustainable Cities and Communities, Climate Action
Impact MeasurementIRIS 4.0 Social Impact Objectives:
Access to Energy, Access to Financial Services, Capacity Building, Community Development, Generate Funds for Charitable Giving, Income/Productivity Growth
IRIS 4.0 Environmental Impact Objectives:
Energy and Fuel Efficiency, Natural Resources Conservation, Sustainable Energy, Sustainable Land Use
IRIS 4.0 Targets:
Children (<10 years old), Adolescents (10-18 years old), Adults (>18 years old), Elderly/older adults, Persons with Disabilities, Minority/previously excluded populations, Women, Pregnant Women, Other At-Risk populations
Impact Evidence Type:
Output Data: Report a selection of relevant investee outputs consistent with impact goals.
Scotian Wind Inc.
Last updated by Scotian Wind Inc.
on 05 Nov 07:06
Investment DetailsLegal Structure:
Part of Series:
Institutional Investors, Foundations/Endowments, Accredited Investors
Assets Under Management:
$5M < AUM < $20M
Average Management Fees %: Average Performance Expectations:
4% ≤ Expectations ≤ 8%
Performance To Date: