Deputy chairman Koos Hulst said $2.5 million had been raised with at least another $2 million needed to be raised by investors.

Bendigo Bank had said it would provide a loan for the remaining $4.5 million needed, he said.

The deadline for the project's share offer ended on October 31 but was extended to December 12.

Mr Hulst said the company would now "facilitate" groups to allow investors to join the project. This would also include approaching organisations including sporting groups to encourage them to take part.

And despite the current economic climate, Mr Hulst said investing in the wind farm was "a brilliant hedge".

"The money will be sitting on a good term deposit, gaining interest, and if the project doesn't go ahead for any reason, everyone will get their money back - and maybe a little bit extra," he said.

Mr Hulst said it was important people remembered the benefits of the two-turbine wind farm.

"From a global angle, it will make a real and tangible difference to the environment," he said.

"Nationally, by having it in our community there will be a flow-on effect to other communities who can then also be empowered and create even bigger reductions.

"On a community level we will infuse $1 million into the community, through the community fund, over 25 years and, on a personal level, it's just a bloody good investment."