Greater Manchester Community Renewables Ltd was incorporated as a Community Benefit Society on 9 January 2015, number 7066. The purpose of the Society is to carry on business for the benefit of the community by developing, owning and operating renewable energy installations, and by doing so to reduce carbon emissions and promote energy efficiency and environmental education.
Under the Rules of the Society, each member/ shareholder is entitled to one vote irrespective of the number of shares held. Members are eligible to share interest payments and, in accordance with the ‘Asset Lock’, surplus profits can only be distributed to the community.