MHC News: On 22 December 2015, Enova Community Energy Ltd announced it successfully completed its capital raising in order to launch Australia’s first community-owned renewable energy retailer.
Following up on our last QSI issue, MHC is pleased to congratulate Enova on reaching its capital raising goal of $3.8 million necessary for launch.
Enova now has almost 1,100 investors, with 75% of voting shares coming from within the Northern Rivers region and the remaining 25% of voting shares distributed around every state and territory in Australia.
MHC looks forward to following the Enova journey as it implements a fresh and alternative green energy retail business model that adds a new dimension to the increasingly diversified landscape of the national energy market.
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