Four Winds Energy Co-operative is owned by its members. It gives you an opportunity to get involved in green energy generation. Members elect directors and each member has one vote in a members’ meeting regardless of the number of shares held. Members are protected by limited liability and are only obliged to contribute the initial cost of their Shares.
As an industrial and provident society, Four Winds is governed by Rules which are approved by and registered with the FCA.
The Co-op is run by a Board of Directors. The Board is currently working with Energy4All to construct a 500kW turbine art Duckmanton, near Chesterfield and a second 500kW turbine called Shafton between Grimethorpe and Cudworth near Barnsley. Four Winds has decided to work with Energy4All to ensure local people share in the benefits from the wind turbines through an ethical investment. The co-op is currently looking for new Directors, particularly people based in the local area.
A co-op is the legal entity which enables the community to own assets such as wind turbines. A co-op subscribes to co-operative values which include
a commitment to equality, fairness, honesty and social responsibility
It also follows key principles such as operating in a democratic manner (one member one vote –regardless of how large or small a member’s investment).
In line with these principles, all Energy4All co-ops aim to maximise the social, economic, and environmental benefits of renewable energy schemes to the community. Energy4All encourages people from all walks of life to get involved in the co-ops it creates and so make a real practical contribution to the fight against climate change while earning a return on an ethical investment.
