HSGWAG. Helmdon, Stuchbury and Greatworth Wind Farm Action Group
Who are Broadview ?
Broadview Energy Limited are a developer of onshore wind farms in the
UK. They have a website which gives more detail about their business
http://www.broadviewenergy.com There is also a website which gives
more details about the Spring farm ridge project which is the proposed
development impacting Helmdon and surrounding villages.
http://www.springfarmridge.co.uk
Some facts which Broadview do not make clear on their website
Broadview like many similar developers relies on heavy EU subsidies to
run a profitable business.
Land deemed suitable by developers for wind farms is not arrived at
entirely by scientific approach by companies such as Broadview.
Broadview actively encourages land owners who have potential wind
farm sites to contact them to assess viability based on lucrative
financial returns for those landowners.
Once a site is deemed suitable Broadview will sign up landowners and
place them under contract and confidentiality agreements with no
community consultation until this process is complete.
Land owners, once signed up, are bound by contract and will find it very
difficult (if not impossible) to extract themselves from the agreement
should they have a change of heart"
Land owners stand to make about £25,000 per turbine per year or over
£3m over the lifetime of the proposal. Broadview will make multi-million
pounds profit over the lifetime of a wind farm such as the one proposed.
If Helmdon sees a (conservative) 10% drop in house prices as a result of
the wind farm, this will equal a financial loss of over £10m for residents
in total. Note based on 400 houses at average value of 270 thousand
pounds.
Impact on volume of house sales is likely as significant as potential drop
in value. It is common sense that if the overwhelming majority of
residents object to a wind farm that incoming residents would feel the
same way.
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