Name of organisation: Horizon Energy
Type of ressource: methodology
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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