Positive Power
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Transcript of Positive Power
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Wind is Energy
Rising demand, power shortages, increasing
prices, electrical blackouts – this is the new
energy situation in Ontario, a province many
thought was blessed with abundant energy
sources. Without a fundamental change in how
we approach energy, Ontarians face the very
real possibility that our increased electricity
needs will be supplied from imported power or
from local coal-fired and nuclear generation.
Fortunately, there is an alternative available:
an abundant source of clean, renewable energy
literally blowing in the wind.
Wind energy is a positive and eco-friendly
way to improve our environment. The Golden
Horseshoe suffers from some of the worst air
quality in Ontario, caused in part by the gen-
eration of electricity from fossil fuels. Poor
air quality negatively affects both our health
and quality of life. Unlike coal, wind energy
does not produce greenhouse gases or other
harmful by-products that contribute to poor
air quality. Wind energy is clean, efficient and
produces no pollution.
Positive Power Co-op wants to bring wind gen-
eration to the Hamilton, Halton and Haldimand
communities to improve our local environment.
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Co-ops are Community
Co-operatives work in communities all over
Ontario in nearly every sector imaginable,
including agriculture, housing, financial and
child care. In fact, 2.3 million Ontarians belong
to over 1,900 co-ops, credit unions and caisses
populaires throughout the province. Co-ops
in Ontario represent at least $19 billion in
combined assets and employ thousands of
dedicated workers who care about their
business and community.
In fact, the co-operative business model has
proven to be more effective and successful
than other business structures. Formed by its
members to meet a specific need, co-ops are
well-managed businesses that have a social or
environmental mandate as well as financial
goals.
Positive Power Co-op has three bottom lines
by which it measures success: environmental,
social and economic.
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Investment Makes Change
In communities all over Europe, wind energy
is a large component of the energy supply.
Germany, Denmark and Spain are leading the
way in wind energy installations, due in large
part to the work of community co-ops and
farmers. In fact, one third of all wind energy
produced in Germany comes from local associa-
tions of farmers and landowners. Community
owned and supported wind power has led
to wide spread installation of wind turbines
throughout Europe, and although off to a
slower start in Ontario, we are on the way.
Similar to the turbine installed on the Toronto
waterfront (co-owned by the WindShare Co-op
and Toronto Hydro), Positive Power Co-op envi-
sions many smaller community-owned turbine
installations throughout the province.
Positive Power Co-op is committed to creating
community-owned wind projects throughout
Hamilton, Haldimand and Halton.
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Positive Power Co-op leads the way
Wind energy projects like our Lake Erie develop-
ment involve careful project research, detailed
financial planning and strong community support.
Ready for the major and minor milestones required
for wind development, Positive Power Co-op has
secured land rights, measured wind speeds for
over a year and developed detailed financial plans
as part of our overall business plan.
Throughout its history, Positive Power Co-op
has partnered with other community leaders to
build a strong business case for our projects. Our
organizational and project successes have come
from a commitment to implementing our mission
and vision, while making decisions based on our
values and needs of the community.
Positive Power Co-op, through the support of
our community, is committed to putting ‘wings
in the sky’.
You Can Make It Happen
Local investors can bring a renewable energy
project to our community by purchasing one
(or both) of two different Positive Power Co-op
bonds. Member bonds (Series A) can be pur-
chased in increments of $500 with a Positive
Power Co-op membership. Investors can also
purchase bonds in increments of $5,000 (Series
B) which are available to both co-op members
and the community at large. Both bonds have
five-year terms with an annual interest payment
of 6.5% for Series A and 6.0% for Series B.
This bond offer is available immediately, but
the time for purchase is limited. Contact
Positive Power Co-op for a copy of our invest-
ment offering package which contains more
details about the projects and the bonds. We
would also be happy to arrange a presentation
with your community group or let you know
when our next information session will be held.
Positive Power Co-op is a not-for-profit, locally-
owned co-operative dedicated to generating
clean sustainable energy.
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Make a wish… for a greener tomorrow
2000 Appleby Line, Suite 422
Burlington, Ontario L7L 7H7
Tel: 905.971.5366 • Fax: 905.971.0963
Email: [email protected]
Website: www.positivepowerco-op.com
This brochure is printed on 100% post-consumer recycled paper, produced with electricity generated entirely by wind power.
Our Vision
A healthy and sustainable environment
through community-based renewable energy.
Our Mission
With a commitment to leadership and innovation,
Positive Power Co-operative promotes the generation
of clean, renewable energy through the development of
community-based projects and education.