Co-op Power: A Model for Local Investment, New Business Development and Job Creation

Posted by on January 02, 2012

Co-op Power: A Model for Local Investment, New Business Development and Job Creation

Webinar Speaker:
Lynn Benander of Co-op Power and Northeast Biodiesel

Date and Time:
Tuesday, January 10 at 10am PT
(11am MT / 12pm CT / 1pm ET)

Coop Power
About the topic:
Maybe you know that cooperatives use their shared ownership structure and member fees to fund the cooperative itself. Join BALLE to learn how Co-op Power – a consumer-owned energy cooperative serving southern New England and eastern New York – is stretching the bounds of the cooperative structure and yielding amazing community capital returns in the process.

Co-op Power’s Local Organizing Councils have:

Raised more than $300,000 in member equity, $600,000 in member loans, and $850,000 in local investment to support the development of community-scale clean energy projects.
Worked together to support a growing number of new living economy enterprises, like a 3-million gallon biodiesel processing plant.
Created more than 100 jobs over just five years.
Focused on working with communities of color and limited resource communities to build a multi-class, multi-racial movement for a sustainable and just energy future.

Explore this cutting-edge use of cooperative structure for going beyond member equity to finance local businesses and create new jobs – and how you can put the cooperative model to work in your community.

Learn more about our speaker and her organizations here.

http://www.livingeconomies.org/node/694