Several councillors expressed concern about the potential environmental impact on a protected area.
Mr Henkel was revealed as the new owner of the 13,000-acre Kilchoan Estate in February.
Though Knoydart is technically on the Scottish mainland – reached overland only by a 16-mile hike from Mallaig – it is essentially only accessible by ferry which is the main route for both passengers and freight.
Now the next phase of the project begins as the committee prepare for relaunching the pub in a few weeks’ time.
Local Caol and Mallaig ward Highland councillors Allan Henderson welcomed the confirmation of the new GPS, although it had been expected that at least one of them would be in post this month.
Over the next few months, through a range of workshops, Knoydart Climate Conversations Working Group will be supported to reimagine its community with a low carbon future in mind.
Davie Newton, management committee member, said the share offer investment, combined with the SLF support, now puts the group in a position to place an offer on the pub.
The use of local timber supports Knoydart’s economy and employment, and reduces the community’s carbon footprint.