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Resource: Horizon Energy Cooperative

Name of organisation: Horizon Energy

Type of ressource: methodology

Addressed barriers:

  • financial
  • managerial

Addressed users:

  • building user (social housing organization)
  • building owner
  • design team
  • project manager

Language:

  • English

Process stage:

  • national/ regional strategy development
  • pre- design phase (appraisal and strategic briefing)

Weblink:

Contact: Olivia Powis

Environmental Design Funding Other Renewables Solar Photovoltaic

Description

A cooperative not-for-profit energy enterprise doing business as The Horizon Energy Cooperative Limited, a private company with no share capital.
It is under direct control ofits members who elect directors to oversee cooperative operations1
• The members of HEC pool their collective asset base to generate solar, wind and hydroelectric energy
• The income derived from generated power allow HEC to partially debt finance the capital costs of installing the renewable measures
• The Cooperative structure facilitates easy investment from banks, venture capital funds and provides an access point for regional, national and European grant funding

Implementation

Information

Related Files
Horizon_Energy_Cooperative_Summary_December_2009.pdf (273.9 kB)