|
Elton Energy Mission and Vision |
|
Our mission is to develop community owned renewable energy projects. Our vision is for communities in Manitoba to work together to develop renewable energy projects. Elton Energy intends to pool resources of knowledge and to coordinate these projects with Manitoba Hydro, Manitoba government, and communities. This is done in a transparent manner by and for the communities, citizens and investors of Manitoba. |
|
|
Elton Energy to Build Wind Project |
|
Elton Energy Cooperative (EEC) intends to build a 3 megawatt (MW) wind project consisting of two wind turbines that will be placed on the distribution side of the substation just outside of Forrest, Manitoba. The electricity produced by these wind turbines will provide power to homes and businesses in the RM of Elton. |
|
We intend to raise $3 million in equity by allowing cooperative members to purchase equity shares in our project. We will fund the remainder of the $7.5 million project through a loan. The community-based cooperative members own the project and receive the returns. |
|
|
Meteorological Tower in 2009 |
|
We are erecting a meteorological tower in early 2009. The funds have been secured, and the tower will collect qualified date for a period of two years. |
|
|