FOUR WINDS ENERGY CO-OPERATIVE
Location
Two turbines, one near Duckmanton near Chesterfield and one between Grimethorpe and Cudworth called Shafton Turbine. Both located on former colliery sites.
Community Share Offer
We raised £3.4m through a share offer in Summer 2014.
Aims
To combat climate change by financing a reliable source of renewable energy, provide local people and other investors with a stable, reliable source of income, and help the area transition to a low carbon future economy.
Local Community
The wind turbines provide a number of associated benefits for the area. These include boosting the local economy by making sure profits stay in the area, contributions to community initiatives and local business rates paid.
Facts about the Co-op
842 members | |
8 Directors, each of whom carry out roles that deliver specific support to the benefit of the Co-op | |
The Board appointed Energy4All to carry out the day-to-day management & administration of the Co-op | |
Profits from the turbines are distributed to community funds in the local area | |
2 Turbines generating 2,514 MWh per year |