Tuesday 10 September 2019

Lake Mac’s first renewable energy project launched by community power

It only took 18 months but LMCC now has a LIVE community renewable energy project! A unique collaboration between LMCC, Allambi Care and Pingala will deliver the City’s first community-funded renewable energy project.

LMCC are actively seeking community investors to fund, and receive a return on, solar panels on Allambi Care’s head office roof in Charlestown. You can express interest to invest $250, $500, $750 or $1000. The initiative is different to crowdfunding, because community investors receive an annual return on their initial investment by becoming members of the Pingala cooperative.

Community investors can submit Expressions of Interests online at www.allambicare.org.au/solar.

Over the next two weeks LMCC will be chasing investors. By late September they’ll be seeking EOIs from interested organisations who want to do a similar thing to Allambi.

To discuss being a part of the project contact Thomasen Knight Sustainability Engagement Officer, 02 4921 0012, tknight@lakemac.nsw.gov.au



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