Pen y Cymoedd Wind Farm Community Fund CIC (PyC CIC) is pleased to announce that it has worked with the owners and others to ensure Afan Lodge’s continued contribution to the prosperity of the Afan valley and wider communities. It is now a subsidiary business of PyC CIC which will be managed and run on PYC CIC’s behalf by local staff – unleashing its potential to expand its offering in a variety of ways. PyC CIC has done this as part of its remit and mission to help stimulate and regenerate economic activity throughout the Fund’s area of benefit.
This investment reflects the value PyC CIC places upon the need to secure quality visitor accommodation in the Afan Valley as a cornerstone of further economic development in the area.
PYC CIC would like to thank all those who have worked so hard to achieve this solution: the Owners, Nat West Bank, our legal team at Capital Law, David & Snape and Menzies accountants. Without their perseverance and flexibility this positive outcome would not have been possible.