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Enova Community Energy is set to become Australia’s first community energy retailer after having reached its minimum capital raise milestone. Final figures are yet to be released however the start-up had reached this milestone with $3.238 million raised by 15 December, 2 days before the share offer closed.

Enova also reached another important goal of having majority ownership by the Northern Rivers community members, with nearly 75% of the total of 857 applicants coming from the local community. In recognition of Enova’s importance on a national scale, the remaining 25% of share applicants have come from every state and territory in Australia.

For information about the share offer and other Enova news visit the Enova Community Energy website.

Enova Community Energy founding partners Steve Harris, Alison Crook, Melissa Mac Court and Patrick Halliday

Enova Community Energy founding partners Steve Harris, Alison Crook, Melissa Mac Court and Patrick Halliday

 

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