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Who is AGRIS Solar?
Overview
Benefits of Membership |
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Overview of the Co-operative Arrangement
The following is a general description of the AGRIS Solar Co-operative:
- Each member will purchase a common share in the Co-operative.
- Each member will make a preferred equity investment in the Co-operative.
- The Co-operative will arrange the debt financing required and will own the solar units.
- Each solar unit will be placed on an eligible property of the member and the power generated will be sold to the Ontario Power Authority through the microFIT program.
- The member will be paid a license fee for the use of the land where the solar unit is placed.
- Each member will benefit from a return on his invested capital via profits of the Co-operative which will be shared proportionately among the members.
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