Andrew King Chairman, Energy4All

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1)1) Background. Why do we exist?Background. Why do we exist?

2)2) PrinciplesPrinciples

3)3) What do we do? What do we do?

4)4) Business Challenges?Business Challenges?

5)5) Achievements?Achievements?

6)6) LessonsLessons

ENERGY4ALL

Background Why do we exist?

PrinciplesWe seek to combine…..We seek to combine…..

Co-op / Environmental Co-op / Environmental Ethics Ethics

withwith

Business ProfessionalismBusiness Professionalism

What do we do?

We ‘facilitate’ community We ‘facilitate’ community ownershipownership

Note: Sector CharacteristicsNote: Sector Characteristics

Why Co-ops? Why Co-ops?

Why Regulated offers?Why Regulated offers?

Why Wind?Why Wind?

• Sector Issues – Scale / cost / Planning / Variables etc.– Deals with the devil?

• A minnow amongst sharks? – USPs? Unique / flexible / Co-op family

– Professionalism - vital– Earning a living – SME issues

• Ethics vs profits?– Members Motivations– Gearing dilemmas

– Democracy vs. effectiveness? Long term relationships

Business Challenges?

Achievements?Since 2002……..

o 9 projects trading

o £14m equity raised + £ 7m borrowed

o >7,500 members

o Returnso Social / environmental

o Financial

E4All Projects

MillenniumBen Aketil

BoyndieKilbraur

Fenland

Baywind

Westmill

FindhornCommunity Co-ops owning turbines

Community co-ops owning stakes

Also:

ENERGY PROSPECTS CO-OP

Pre-planning developments

Key Lessons

• Co-op structure flexible and effective

• High skill / performance levels essential - credibility

• Huge latent support for community engagement

• Potential in many other sectors?

Energy4All Core Structure 2010

Andrew KingChair

Marna McMillinCEO

Stephen AndrewsNon-exec

Annette HeslopAdmin / Accounts Director

Tammy / Steph / Sue / Claire

John MaloneEngland Dev Dir

Jon Halle

Mark JennisonScotland Dev Dir

Paul Phare

Mike SmythNon-exec

Simon WilliamsNon-exec