About This Survey

Overview

Spark Renewables is investigating a Community Investment Offering that would allow community members to invest in the Dinawan Energy Hub or a community-owned project within/adjacent to the Dinawan Energy Hub. The Dinawan Energy Hub is a renewable energy project currently being developed by Spark Renewables in the Riverina, currently comprised of solar and wind generation, and battery energy storage. https://dinawanenergyhub.com/

Spark Renewables is considering several ways for the local host community to benefit from the Dinawan Energy Hub. Through this survey, we would like to hear whether you would be interested in these types of investment opportunities.
What is a Community Investment Offering?

The Community Investment Offering being considered by Spark Renewables would allow community members to share in the benefits of renewable energy projects and actively participate in Australia’s transition to clean, emissions free electricity generation by contributing their own funds as investors in a renewable energy project. By contributing funds to the project, investors would acquire rights to a portion of the earnings of the project.
Has this been done before?

While it is not common practice for renewable energy developers to extend Community Investment Offerings to their host communities, Spark Renewables wants to give the community surrounding the Dinawan Energy Hub the opportunity to participate financially in the project, with its predicted associated long-lasting benefits. In considering the model to adopt, Spark Renewables intends to draw on similar models of community investment that have already been successfully implemented, both in Australia and overseas. Sapphire Wind Farm in New England (NSW), the Goulburn Community Solar Farm in Goulburn (NSW), the Haystack Community Solar Garden in Grong Grong (NSW), and the Hepburn Energy project in Leonards Hill (VIC) are all examples of different renewable energy Community Investment Offerings.
What is this survey about?

The purpose of this survey is to determine the level of interest within the community for an investment of this type and to influence the design of this offering. Based on the interest level, Spark Renewables will decide whether to progress with the Community Investment Offering.

If it proceeds, the design of the Community Investment Offering will also be tailored based on feedback to the questions in this questionnaire and future outreach with the community near the Dinawan Energy Hub.

The survey will close on 15 December 2023. It should take approximately five minutes to complete.

Any personal details will be treated as confidential in accordance with Spark Renewables’ Privacy Policy, and will not be published or shared with any third parties.

The information you provide will be used to keep you updated on how the Community Investment Offering progresses. However, you will always have the option of opting out of these updates at any time.

For any questions or concerns, please contact Spark Renewables at info@dinawanenergyhub.com.
Disclaimer: This document, including the survey, is provided for information purposes only. Nothing in this document, including the survey, comprises a commitment by Spark Renewables to implement a Community Investment Offering at all, or in any particular form, regardless of any feedback received. Furthermore, nothing in this document, including the survey, should be construed as a recommendation to invest in, or take any other action in relation to, the Community Investment Offering if it is offered by Spark Renewables at any time. Returns are not guaranteed and investors may lose some or all of their capital. You are, and will remain at all times, solely responsible for determining whether any investment or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your business advisor, lawyer, and/ or tax and accounting advisor regarding your specific business, legal or tax situation in deciding whether to take up any offer made to you in connection with any Community Investment Offering at any time.

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