Energy company pledges £1m for community projects

An aerial view of Islandmagee.
An aerial view of Islandmagee.

Islandmagee Energy has pledged £1m to be utilised by the local community over the life of the planned underground gas storage cavern project at Larne Lough.

A fund has been launched to support local projects and initiatives.

A spokesperson for Islandmagee Energy said: “It is hoped that these funds will provide vital investment for many within the local community.”

A committee will be formed to distribute funds.

Applications are now being sought for a new Islandmagee Energy Community Fund Committee which will be responsible for the distribution of a £1m trust.

Islandmagee Energy says that this committee will “act as a selection panel, liaising with interested parties from the community to fairly and appropriately allocate investment”.

Applications must be forwarded to Islandmagee Energy before noon on February 28.