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March 1, 2021

Community energy retailer reaches $3m launch target

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Enova's founding partners, l to r: Steve Harris, Alison Crook, Melissa Mac Court, Patrick Halliday. Photo contributed
Enova’s founding partners, l to r: Steve Harris, Alison Crook, Melissa Mac Court, Patrick Halliday. Photo contributed

Startup community energy retailer Enova says it has met its major capital milestone of $3 million required to operate.

Enova’s chair, Alison Crook AO, told The Echo Enova Energy has now made Australian history by being the first community-owned electricity supplier.

‘But there is still time to be a part of this important history; the final close is 5pm (AEDT) today, December 17 2015.

‘Every share purchased is important for Enova to have a strong foundation to strengthen its success’, she said.

Another important goal was reached, Ms Crook said, with the majority of share applicants – nearly 75 per cent – being northern rivers residents.

‘We are determined to take control of our renewable-energy future, providing local jobs, enabling new technologies and community benefit projects across the northern rivers region,’ she said.

And in recognition of Enova’s importance on a national scale, Ms Crook says the remaining 25 per cent of share applicants have come from every state and territory in Australia.

‘In fact it could be said that the high ambitions of the northern rivers community could lead the way in Australia.’ For more info vist www.enovaenergy.com.au.

Disclosure – The Echo has bought Enova shares.

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