The Hepburn Renewable Energy Association (HREA) is a group of voluntary members who came up with the idea of a community owned wind farm to reduce the whole area’s greenhouse foot print.
A Co-op known as Hepburn Wind has been established to offer the opportunity of community ownership of wind turbines in Hepburn. The Wind Park is designed not only to reduce the greenhouse footprint but to return benefits directly back to the local community. The energy produced by the turbines will be equivalent to approximately 2,300 homes – nearly all of Daylesford and Hepburn Springs. This represents a saving in CO2 emissions of 12,000 tonnes per year, equivalent to removing 2,800 cars from the road.
Hepburn Wind signed key contracts with Future Energy on 3 July 2008, officially taking over the control of the project. Chairman of Hepburn Wind, Simon Holmes à Court said:
“Hepburn Wind is now officially the owner of Australia’s first community-owned wind park…We have worked with Future Energy for the last few years, though the planning and approvals processes. We put a lot of work into consulting with the community. Now, we are an important step closer to showing Australia what community pride and enthusiasm can achieve.”
Future Energy is engaged as the project manager for the Wind Park. With the signing of the contracts now complete, the Hepburn Community Wind Park now moves on to
the next phase of the project, the capital raising process which begins today.
Hepburn Wind is a registered co-operative (Hepburn Community Wind Park Co-operative Ltd). Hepburn Wind will be the owner and operator of the Community Wind Park. It is managed by an elected Board of Directors, representing the community, as well as business and environmental interests.
As a community owned wind farm, locals and non-locals alike will have the opportunity to invest in the Hepburn Community Wind Park, investing in wind energy AND in the future of generations to come.
Click here for the Share Offer.
Well done HREA!