Farming firm taps into renewables revenues

A six-figure funding package from Bank of Scotland (BoS) has helped an Arran farming business set up a hydro power plant.

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L-R Steven McGrath, relationship manager at Bank of Scotland and Kenneth Bone, owner of Glenkiln Hydro. Picture : ContributedL-R Steven McGrath, relationship manager at Bank of Scotland and Kenneth Bone, owner of Glenkiln Hydro. Picture : Contributed
L-R Steven McGrath, relationship manager at Bank of Scotland and Kenneth Bone, owner of Glenkiln Hydro. Picture : Contributed

The Glenkiln hydro project, developed by Lamlash farming business J K & C Bone and renewable energy developer MEG Renewables, can generate enough power for 400 homes and will supply 15 per cent of the island’s domestic electricity. Construction of the 500 kilowatt scheme has taken two years.

Local organisations, such as schools and youth clubs, will be offered guided tours of the power plant. There are seven primary schools on the island that will have the opportunity to learn about hydro-electricity and renewable energy.

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Steven McGrath, relationship manager at BoS which has worked with the Bone business since 1911, said: “We saw Glenkiln Hydro as an excellent opportunity to support a farm enterprise that’s using local resources to diversify.”