Four Winds is an ethical organisation and a social enterprise. It is not a profit maximising organisation. It seeks to pay a reasonable return to its members on capital invested, and a sufficient return to attract and retain that capital, but is also motivated by broader community objectives and the values of the co-operative movement. We intend, subject to all final capital and operating costs, to set aside 5% of turnover per year and will share equally any interest that annually exceeds 10% to support local community projects.
We will provide more information here as the community fund is developed.
The first project funded by the Community Fund
Duckmanton School Solar Panels
Four Winds Energy Co-operative has supported the installation of solar panels on a local primary school at Duckmanton. The solar energy system was installed in August 2016 and enable the school to reduce its energy costs.
The money allocated to the community fund has been used to support the installation of solar panels on the local primary school at Duckmanton, by providing the annual maintenance costs. The panels have been installed by Schools Energy Co-op, a similar style of co-operative to Four Winds which utilizes solar. In addition, Four Winds has organised visits for local school children to the Duckmanton turbine.
John Malone, Four Winds Director said” It’s very rewarding to see the community benefits materialising from this project. Duckmanton school overlooks the wind turbine therefore it makes perfect sense for them to benefit from the funds generated. The solar panels will provide clean, green electricity free of charge to the school for the next 20 years. This is also a perfect example of co-op helping another co-op. Four Winds intends to offer further school site visits.”