Gwynt y Môr Offshore Wind Farm Community Investment Advisory Panel

1. Gwynt y Môr Offshore Wind Farm Community Investment Advisory Panel Meeting 5 – February 13th 2014 Katy Woodington 07825 608095 katy.woodington@rwe.com

2. Potential Gwynt y Môr Fund Structure Fund Administrator Annual Payment Decision making board GyM Support Worker RWE Flagship Project Funding Advice Panel - Theme 1 Funding Advice Panel - Theme 2 Funding Advice Panel - Theme 3

3. Potential Gwynt y Môr Fund Structure Fund Administrator • The legal entity to whom the funds are paid • An appropriate independent organisation • Ideally North Wales based but not essential • Primarily charitable aims but flexibility to support the private sector, and administer loans - through a partner organisation if necessary • With grant making experience • Ability to invest any unspent funds for future years if required

4. Potential Gwynt y Môr Fund Structure Gwynt y Môr Support Worker • Likely to be a full time post, paid from the fund, based in North Wales • Post either hosted by the Fund Administrator or an appropriate local organisation • Providing administration support to the decision making board, the advisory panels, and administration of the awards from the fund. • Responsibilities could include : initial assessment and due diligence of applications, advising applicants (referring to CVC’s where appropriate), award payment and monitoring administration and promoting the fund.

5. Potential Gwynt y Môr Fund Structure RWE Flagship Project • Will receive funding for X years • Selected by RWE

6. Potential Gwynt y Môr Fund Structure Role of Decision Making Panel • Final decision makers on awards from the fund after receiving advice from the themed advisory panel • Would enable flexibility in the application of the funds across the three themes • Access to a toolbox of options to support applicants (grants, loans, proactively using a commissioning approach, advice to develop applications) • Meeting minimum quarterly

7. Potential Gwynt y Môr Fund Structure Themed Advice Panels • Made up of representatives with expertise in the theme • Role to advise the Trustees on applications • Responsible for the strategic delivery of their theme • With flexibility to recommend package of funding measures • Including young people and representatives from individual community members (community champions?) where appropriate

8. Potential Gwynt y Môr Fund Structure Application Process • Appropriate to level of funding • More detailed application criteria to be developed for each theme and potentially different application routes • Possibility for applicants to complete an expression of interest form pre-application.

9. THANK YOU VERY MUCH FOR YOUR ATTENTION.