WIND farm projects in the North-East could benefit from a bank's plans to plough £5m into the sector.
Triodos Bank, which specialises in wind energy finance, is aiming to raise the cash from a share issue and predicts a healthy return for shareholders.
A spokeswoman for Triodos said it was already financing wind farms in Cumbria and Scotland, and was expecting deals to be struck with companies in the North-East within a matter of weeks.
She said the bank - operating under its subsidiary Triodos Renewables - aimed to provide dividends of more than ten per cent within three years.
The fund plans to invest the money on developments including projects to help farmers find alternative income sources through renewable energy, acquisitions of new renewable energy projects and a small stake in a large offshore project. To invest in the scheme, call on 0800 056 2761 to order a prospectus.
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