Resource: Horizon Energy Cooperative
Name of organisation: Horizon Energy
Type of ressource: methodology
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:
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