Baby it’s you!

Baby B.jpg

One of Coigach’s youngest residents enjoys today’s sunshine – and is one of the first recipients of a gift from CCDC to all new babies in Coigach.  Every Coigach baby will receive £250 which their parents can use to invest on their baby’s behalf, buy equipment or use to help with all the household expenses that come with a new baby.  Welcome Baby B! It’s lovely to meet you!

The first grant cheque!

AAB Cheque signing.jpg

A great moment – the signing of the first cheque going out as a grant from our Community Fund. The cheque for £5000 goes to Coigach Community Trust who run Coigach Community Hall. This will enable The Hall to offer a pilot programme of events and activities designed to appeal to all sections of the community – arts, sports, heritage to name but a few aspects of the project.     Sandy Murdoch will be co-ordinating the programme, and CCDC wishes the project every success and looks forward to seeing the results!



Coigach Community Fund is Open!

As a result of the income generated by our wind turbine, Varuna, we  are delighted to announce the opening of four funds for applications from people living in Coigach and from organisations operating in our community.  We’re looking forward to applications!

The four funds (including application forms) are:

CCDC Education and Training Bursaries Fund 

CCDC Education and Training Bursaries Fund for Adults 16+ (Individuals) (Final V1, Sept 2018)

The Fund is open for applications from any adults (aged 16+) of the community of Coigach who wish to develop their skills and who are undertaking courses delivered by accredited organisations and recognised training providers. This includes prospective and current students at colleges or universities, apprentices, and any adults wanting to undertake further training/ skills development.

Bursaries are for a maximum of £500.00 per applicant per financial year for those aged 16+ – but no more than £1,500.00 in any 5-year period.

CCDC Wellbeing Fund 

CCDC Wellbeing Fund for Adults 16+ (Individuals) (Final V1, Sept 2018)

This Fund is open to support individuals (aged 16+) living in Coigach to participate (including to perform) in a range of arts, cultural and natural heritage, leisure and recreational, and scientific events, non-certificated/informal lifelong learning courses and activities.  Awards are for a maximum of £500.00 per applicant per financial year – but no more than £1,500.00 in any 5-year period.

CCDC Supporting Children and Young People Fund  

CCDC Supporting Children and Young People Fund (Individuals) (Final V1, Sept 2018)

This Fund is open to support children from birth to the time that they, as young people, exit secondary education. Note that this Fund is for individuals to enable them to access activities or obtain equipment that will support their development. Awards are for a maximum of £500.00 per applicant per financial year – but no more than £1,500.00 in any 5-year period.

CCDC Small Grant (up to £5,000) Fund for Organisations  

CCDC Small Grants (up to £5,000) for Organisations Application Form (Final V1, Sept 2018)

This fund is open to organisations (voluntary bodies, school etc.) that want to apply for funding for a project which meets one of CCDC’s wide-ranging charitable objects (too many to list here) and which will benefit the community of Coigach.

If you need any further information, please either email us at or phone one of our Local Development Officers,

Julia Campbell (622-379) or Donald Macleod (622-372)


Summer News from Coigach

Coigach Community Development Company
Our new logo – designed by Valerie Hodgkinson, Applecross.


Coigach Turbine Bond Offer Our bond offer through Triodos has been fully subscribed: We have raised £1.75 million through the issue of bonds in Coigach Community CIC with the assistance of Triodos Bank’s Crowdfunding Platform. We took the decision to refinance for 3 reasons.  Firstly, the Loans we had did not pay off the whole borrowing, so we would have had to refinance sometime.  Secondly, we were able to half the interest rate, significantly increasing the community contribution, and finally, by combining everything into one loan we were able to smooth the Community Contributions.  A big thank you to everyone who supported the Triodos Bond offer.

The Community Contribution by our wind turbine in its first year of operation was £67k. The actual Donation from our turbine company (Coigach Community CIC) was £88k but £21k was used to pay half of CCDC’s overheads for the current year and pay off some legacy costs. Over the life of the turbine project we anticipate Community Contributions of about £4m, maybe more if inflation is kind to the project. Over the next 12 years while we are paying back our loans, the payments to the community will average around £100k per annum. However, the amounts each year fluctuate depending on whether there are loan principle payments or not, and the size of the principle repayments.  Once the loans are paid off the amounts increase significantly to averaging almost £400k per annum.This increase is the effect of not having Loan re-payments and the effect of inflation significantly increasing our income disproportionally to our costs.

Coigach panorama

A significant proportion of this money will need to be used to advance the priorities identified by our community and incorporated with our Development Plan. These include: affordable housing; local infrastructure; tourism; our environment; heritage and culture. It’s always been envisaged that some of the income would be used to support organisations active in our community. As our first step to use the funds, we propose to launch, very shortly, a small grants fund to which organisations can submit bids.  We are currently finalising the process for application.  The process being implemented has evolved in part from a study visit three of our directors took to Orkney to see how similar development trusts in these islands operate their grant-giving schemes. Our envoys returned with some very useful information which we are now using as the basis for establishing our processes.


Pier Pressure Challenges at Old Dornie continue (the pier is unusable at low tide, parking and storage is limited, there is no water, power or mobile signal and the fuel facility has been out of action recently) and with increased activity there due to the loss of Badentarbet Pier and, more positively, developments on Tanera, we have been looking at options for the future. Earlier this year CCDC secured HIE funding to commission AECOM Ltd to create drawings and associated costings for extending the “new” pier at Old Dornie. We now need to consider the viable options: Highland Council have made it clear they will not be investing so community-ownership may be the way to secure its future. We have had helpful discussions with Cllr Ian Cockburn regarding potential asset transfer, deregulation and other issues but the way ahead is by no means straightforward!


Affordable Housingis a priority in this community!  Achiltibuie Schoolhouse is now complete, and with tenants in both flats is buzzing with life. What next?  We still need more homes so people can live and work in Coigach and we are following up the offer of land from a generous local crofter. We are looking for people to join our housing working group so we can move things along and get some homes built!  We are taking advice from our friends Highland Small Communities Trust and we are arranging a date for Morven Taylor their Communities Co-ordinator to visit and advise the group further. If you need an affordable home in Coigach or know someone who is, or would like to be involved and find out more please get in touch.

 quad on Ben More

Crofting and Rural Projects Coordinator – maximising the opportunities available to crofters Abigail Anne has moved from CCDC to take up this exciting new post. She tells us: “The aims of my post will be to provide practical training events and sharing of knowledge, getting appropriate advice and support for crofters.  Two demonstration crofts across Coigach & Assynt will be established. The purpose of these crofts is to encourage croft land management and diversification through, for example, drainage, fencing, reseeding, bracken & rush control, stone dyke repairs, fuelwood establishment, community/croft orchards, horticulture and tourism provision. We will prepare a development plan for each demonstration croft and implement the plan, in part, through practical training events for the crofting community. One might envisage, for example, diversification into horticultural production, and we would hold a training event necessitated by this.

We will be looking for enthusiastic and forward-looking crofters to take up the training croft opportunity and the croft selection will be done in a competitive and transparent way. Croft development will be guided by an agreed plan and implemented by a combination of training event, the crofter him/herself, a development budget, and funding through CCAGS and SRDP or their replacements.”

Soil beneath our feet
Coigach Girls: Mairearad Green, Anna Buxton and Kim MacLennan playing on “The Soil Beneath Our Feet” Ceilidh Tour.

‘The Soil Beneath Our Feet’,collected music & tales of Coigach & Assynt EP using three young, local musicians has officially been launched at the Manran gig in Achiltibuie at the beginning of June. It had a second launch at the Assynt Crofters’ Trust celebration in July.


AcheninverActivity at Acheninver Hostel will continue as improvements take place with the upgrading of the Acheninver path beginning in a few months.


Tanera Mor Rich Williams writes: “An open day for local residents and visitors was held on Saturday 2ndJune to celebrate a year of Ian and Saffron Wace’s ownership and to provide a chance for locals to come and view the works that have taken place and plans for the next phases. The glorious run of weather held and a great day was had by all with in excess of 400 people making the journey over to Tanera to see the progress.

Visitors were greeted by Ian, Saffron and the Tanera Restoration Project team and treated to a range of different local culinary delights and drinks. It was great to see so many former Tanera residents come over for the day and for such wide enthusiasm and excitement for this major ongoing project which promises to leave a very special and lasting legacy on the Island for future generations to enjoy.”

New Job Share Partner with Abigail Anne leaving, CCDC moved to recruit a new job share partner for Julia.Donald Macleod, who lives in Altandhu, was appointed and has begun to learn about all the various aspects of the work. For the last 22 years Donald has worked as a freelance project research and development consultant principally in Highland. Much of his work has had to do with issues around health, social care, and addressing poverty.

Coigach Community Development Company

Reg. Office: Coigach Community Hall, Achiltibuie IV26 2YG Reg. Charity SC047971

Registered at Companies House SC374107
LDO’s Donald Macleod & Julia Campbell 01854 622 272/379

Coigach Bond Offer – Fully Subscribed!


bui spotlight named

We have reached our target of raising £1.75m through Triodos Bank’s crowdfunding platform which means we can now re-finance the turbine, saving a projected £380k in interest payments to our original lender and more money for Coigach!

From the turbine’s first year of operation, we now have £67k available for use in Coigach. We are developing our funding application processes following advice and ideas from others in similar situations.  Earlier this year, directors Phil Shaughnessy, Steve Husband and Iain Muir made a study visit to Orkney where they had very helpful conversations with representatives of Rousay, Egilsay and Wyre, Westray and Shapinsay Development Trusts who have established robust processes (tried and tested over 7 years) to ensure fair distribution of funds. CCDC has since met with community groups to discuss instigating a similar system in Coigach.

Many thanks to all who helped promote the bond offer and especially those who invested!

Coming Soon: We are working on a newsletter to keep you up to date with our other activities.

(Coigach Community CIC is a subsidiary of CCDC)

Coigach Turbine Bond Offer 2018



This week we are delighted that we have now raised over £560K for our bond offer to help us refinance our Coigach wind turbine! The offer period has been extended to 30th June to allow for further investment in order that we can reach our £1.75 million target.

 CIC in the City!

“Community energy is a great way of generating funds for the benefit of the local community.

We developed our wind turbine to provide an income for 20 years which will help to create a sustainable local economy, attract residents to Coigach and maintain the way of life.”

Iain Muir, Coigach Community CIC

 ©Barbara Evripidou/

Iain Muir was invited to speak at Triodos’ Annual Meeting in the Mermaid Theatre London where he addressed over 700 Triodos customers and was met with an enthusiastic reception – a surprising number of whom had already heard of Achiltibuie. (And he obviously didn’t miss the opportunity to tell the interviewer about the fish he caught at the weekend…)

Full details of the bond offer are available online 

but if you prefer, we also have good old-fashioned paper versions of the application form etc so if you’re happier with a pen than a mouse, get in touch and we can post you one or hand it over. 

Coigach Community CIC is a community interest company that owns and operates a community turbine in Coigach. The company is wholly owned by volunteer-led local charity Coigach Community Development Company.  The Coigach wind turbine was developed not only to provide a source of renewable energy but also to secure a regular income for investing in projects to benefit the community.We are looking to raise £1.75 million through the issue of bonds in the company to refinance higher cost loans which were initially taken out to build the turbine.


  • Target amount: £1,750,000
  • Term:  12 years –bonds are not listed on a recognised investment exchange to investors need to hold them for their full 12 year term
  • Repayment: The bonds are expected to be repaid in ten annual instalments from 2021 to 2030
  • Minimum investment:   £250
  • Interest:  5% gross per year, increasing in line with the annual retail price index each year
  • Risk Warning:  Investors should note that payment of interest and repayment are not guaranteed and are dependent on the continued success of Coigach Community CIC’s business model.


For further information please look at or email or phone 0117 980 9593.    If you’d like a paper application form please contact Julia Campbell, Coigach Community Development Company 01854 622 379 or email


Investors should read the full offer document including the risks section before making a decision whether to invest.


This financial promotion has been issued and approved by the UK division of Triodos Bank NV (incorporated under the laws of the Netherlands and limited liability, registered in England and Wales with branch number BR3012. Authorised by the Dutch Central Bank and subject to limited regulation in the UK by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extend of our (Triodos) regulation by the Financial Conduct Authority and Prudential Regulation Authority are available from us (Triodos) on request. Registered Office: Triodos Bank, Deanery Road, Bristol, BS1 5AS. Vat reg no 793493383. Calls to and from Triodos Bank may be recorded for training and monitoring purposes.

“Community energy is a great way of generating funds for the benefit of the local community.

We developed our wind turbine to provide an income for 20 years which will help to create a sustainable local economy, attract residents to Coigach and maintain the way of life.”

Iain Muir, Coigach Community CIC



Coigach Community CIC

Coigach Community CIC is a community interest company that owns and operates a community wind turbine in Coigach, a remote peninsula in the Northwest Highlands of Scotland. The company is wholly owned by local charity, Coigach Community Development Company.

The Coigach wind turbine was developed not only to provide a source of renewable energy, but also to ensure a stream of regular income to support the local community. The area faces a number of challenges common to remote communities, including a lack of affordable housing, decreasing levels of health provision, poor transport links and a fragile economy. Profits from the turbine will be used to fund projects which tackle some of these challenges.

It is intended that the funds will support projects which help to develop affordable housing, bring employment or work space into the area, develop transport links and amenities or conserve the natural area. The 500 kW turbine was constructed in 2017 and began generating electricity in March 2017.

The bond offer

The money raised through this bond offer will enable Coigach Community CIC to refinance higher cost loans which were initially taken out to build the turbine. The project has been fully accredited by the government’s Feed-in-Tariff scheme which guarantees a fixed price (rising with inflation each year) for the electricity generated by the Company for 20 years.

Throughout this period, the turbine is expected to generate 2,020 MWh of electricity a year and it is anticipated that around £4.4 million will be contributed to the community.

Before deciding to invest, you must read the bond offer document. The offer document can be downloaded at the bottom of this page.

IFISA eligible

Coigach Community CIC bonds are eligible to be held in a Triodos Innovative Finance ISA (IFISA). Individual Savings Accounts (ISAs) offer investors and savers a tax efficient way to save or invest. The IFISA is a type of ISA that allows you to include investments that have been made via crowdfunded offers and as with all ISAs, you receive interest tax-free.

To invest in Coigach Community CIC bonds through a Triodos IFISA, after reading the bond offer document, select the ‘Invest through IFISA’ option. This selection will open a current year IFISA.

Transferring an existing ISA

If you want to invest by transferring an existing ISA to a Triodos IFISA, you must first request the transfer. You can do this under ‘Account’ once you’ve become a registered user on the platform.

Learn more about the IFISA.

Key terms


Coigach Community CIC

Target amount


Social impact

An estimated £4.4 million will be donated to Coigach Community Development Company – a local charity – over 20 years to support a range of community projects in Coigach.


12 years, full capital repayment is forecast by 31 March 2030 but is not guaranteed.


The bonds are expected to be repaid in ten annual instalments from 2021 to 2030.

Minimum investment



5% gross per year, increasing in line with the annual retail price index each year from April 2019. Payable net of UK basic rate tax (unless held in a Triodos Innovative Finance ISA). Payment of interest and repayment of capital are not guaranteed.


The bonds are secured by way of a standard security over the tenant’s interest in the lease of the turbine site and a floating charge over all of the assets of the company. This asset security does not mean that capital or interest payments are guaranteed in any way.


Bonds are transferable but are not listed on any investment exchange which means that bondholders will have to find a willing buyer and agree a purchase price with them. Investors should be prepared to hold the Bonds for their full 12-year term.


A negative pledge regarding other borrowings until the bonds are repaid in full. This prevents the company from taking on additional debt.

Minimum raise

Bonds will be issued if at least £1,450,000 is raised. If not, then investors’ monies will be returned with no accrued interest.


1 March 2018 until 29 June 2018 (unless fully subscribed earlier or if the directors, at their sole discretion, decide to extend the offer).

Risk warning

Past performance is not an indication of future performance. Capital is at risk and returns are not guaranteed.